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The financial advisor for the Stalone family explained to Dusty Stalone the provisions of his father's testamentary trust. As a beneficiary, Dusty will receive the
The financial advisor for the Stalone family explained to Dusty Stalone the provisions of his father's testamentary trust. As a beneficiary, Dusty will receive the assets of the trust when he reaches age 21 or when his mother dies, whichever comes first. In the meantime, Dusty's mother will receive the income earned by the trust. Dusty is: O a) a life tenant O b) a provisional beneficiary Oc) an income beneficiary O d) a capital beneficiary
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