Funded revocable trusts offer many benefits and protections, Ask an Expert

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Funded revocable trusts offer many benefits and protections that domestic partners cannot obtain through other property arrangements. What can these trusts accomplish if a grantor becomes incompetent? Select one: a. A partner, as successor trustee, can manage the trust assets without delay. b. Trusts preserve privacy and avoid court appointment of guardians and conservators. c. Trusts can provide for minor children in the event of a partner’s incapacity or death. d. Trusts can appoint a partner to make health care decisions for the other partner.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92101212

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