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10 October, 10:56

Types of Trusts include all of the following, except: a. Inter Vivos b. Charitable Living c. Marital Deduction d. Testamentary

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  1. 10 October, 14:32
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    The correct answer is: All of the options provided are trusts.

    Explanation:

    A trust is a fiduciary relationship where one party, called the trustor gives another party, the trustee, the right to hold assets or property on behalf of a beneficiary. In a fiduciary relationship, one person holds a legal or ethical obligation to prudently care for another person's assets. Examples of trusts are revocable, irrevocable, charitable, Inter Vivos, marital deduction, testamentary, and asset protection trusts.
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