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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 107 Topic 11 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 107 Topic 11 Discussion

GLO_CWM_LVL_1 Exam Topic 11 Question 107 Discussion:
Question #: 107
Topic #: 11

A client has a minor child she is concerned about what might happen if she was to die while the child was still young and unable to sensibly handle a sizeable in heritance one solution could be to draft her will so that the child receives the asset once reaching age 21 this is an example of


A.

A discretionary trust


B.

A testamentary trust


C.

An inter vivo trust


D.

A family trust


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