Feature of testamentary trust

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1. Understanding the risk that investors face is a large part of financial analysis. We have looked at two main measures of risk: standard deviation and beta. Explain them.

What are they? What do they measure? When do we care about them? How do they respond to diversification? Short paragraph.

2. Which of the following is not a feature of a testamentary trust? Provide explanation

Creation under a last will and testament.

Shifts the income tax burden to a lower-bracket taxpayer.

Results in the inclusion of assets in the gross estate.

Does not avoid probate.

Reference no: EM132061302

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