Explain the purpose of a trust

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Reference no: EM133416200

Assignment:

Most people have some basic understanding of wills, but very few have an understanding of trusts. A client comes to your office and wants you to help them understand the concept of a trust.

For Post 1, explain the purpose of a trust, how it is created and when someone may need one.

For Post 2, select a specialized type of trust and explain its purpose.

Reference no: EM133416200

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