G.59 Types, features, and taxation of trusts Flashcards

Learners will develop a comprehensive understanding of the types, features, and taxation principles of trusts in order to effectively advise clients.

1
Q

Which of the following is not a type of trust?

A. Revocable trust
B. Irrevocable trust
C. Testamentary trust
D. Personal trust

A

D. Personal trust

G.59 Types, features, and taxation of trusts

How well did you know this?
1
Not at all
2
3
4
5
Perfectly