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Peter Pendlebury and his wife Paula have made an appointment to discuss the formation of a family trust. Required: Provide the Pendlebury's with the following

Peter Pendlebury and his wife Paula have made an appointment to discuss the formation of a family trust. Required: Provide the Pendlebury's with the following information: a) Discuss the role of both a settlor and a trustee in a family trust [2 marks] b) Identify three (3) only advantages and disadvantages of a family trust structure. [3 marks]

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