AAFM Chartered Trust & Estate Planner® (CTEP®) Certification Examination CTEP Question # 123 Topic 13 Discussion

AAFM Chartered Trust & Estate Planner® (CTEP®) Certification Examination CTEP Question # 123 Topic 13 Discussion

CTEP Exam Topic 13 Question 123 Discussion:
Question #: 123
Topic #: 13

________________ is an informal type of Trust that is created during the lifetime of the grantor by depositing money into an account at a bank or other Financial Institution in the grantor’s name as the Trustee for another person.


A.

Spendthrift Trust


B.

Grantor Retained Income Trust


C.

Dynasty Trust


D.

Totten Trust


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