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Which of the following statements is true about a trust? It is a plan to distribute one's assets after one's death. It is a plan

Which of the following statements is true about a trust?

It is a plan to distribute one's assets after one's death.

It is a plan for a beneficiary's assets to be managed by another.

It is a set of assets bequeathed to someone after a person's death.

It is a legal obligation to put someone else's interests before your own.

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