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What flexibility does a simple trust offer

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Reference no: EM131898391

Question - Trusts have a variety of purposes, ranging from asset protection to providing financial support to a minor or a mentally incapacitated individual. Trusts also have significant tax planning advantages. In this activity, research simple trust and report your findings.

What flexibility does a simple trust offer that other trusts do not? What are its advantages and disadvantages? Cite trade publications, law review articles, and other relevant sources in support of your answer.

Reference no: EM131898391

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