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Pretty sure Chewbacca stole my pipes, Little Mermaid-style. Don't pull a Wookiee—make sure all of your work is your own.

Trusts and Estates Drill

  • 1.

    A woman decides to fund a trust for her niece. She also decides to set up an account through which she can pay taxes on any income generated by the trust until the niece is old enough to assume control. What type of trust does the aunt establish?

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  • 3.

    A trustee's obligations to a trust and its beneficiaries include which of the following?