Which of the following is a disadvantage of a revocable trust?
a) the trust assets are subje...
Social Studies, 28.12.2019 06:31 monkeys450
Which of the following is a disadvantage of a revocable trust?
a) the trust assets are subject to being probated upon the death of the grantor.
b) the grantor loses power to control the trust funds for federal estate tax purposes.
c) the grantor will be subject to gift taxes on the transfer of property to the trust.
Answers: 1
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