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AAFM Exam CTEP Topic 7 Question 44 Discussion

Actual exam question for AAFM's CTEP exam
Question #: 44
Topic #: 7
[All CTEP Questions]

Which of the following statement(s) about Living Trust is/are correct?

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Suggested Answer: B

by Jeffrey at Jun 30, 2024, 02:27 PM

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Alease
2 months ago
Wait, is a Living Trust anything like a Dead Trust? I'm confused, but at least I won't be when I'm, you know, not living anymore.
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Virgina
6 days ago
Don't worry, a Living Trust is for when you're alive. It's all about managing your assets during your lifetime.
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Kirby
8 days ago
A Living Trust can help avoid probate. It's a good way to plan for the future.
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Arminda
17 days ago
Living Trust is different from Dead Trust. It's about managing assets while you're alive.
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Judy
2 months ago
This question seems designed to trick people. I'm going to carefully read through the options and make sure I understand before answering.
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Earleen
21 days ago
Let's double check before submitting our answers
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Leatha
22 days ago
I agree, I also believe the correct answer is A) Both (i) and (ii)
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Glenn
29 days ago
I think the correct answer is A) Both (i) and (ii)
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Catarina
2 months ago
A Living Trust, huh? Sounds like something I should have set up years ago. Better late than never, I guess!
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Nilsa
2 months ago
It's never too late to set up a Living Trust. It can help protect your assets.
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Adell
2 months ago
But (i) and (ii) both make sense, they complement each other.
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Cherry
2 months ago
Hmm, I'm not sure. I better double-check the definitions of a Living Trust to be sure I get this right.
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Roxane
2 months ago
I disagree, I believe the correct statement is only (i).
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Emiko
2 months ago
The image clearly shows the correct answer is A) Both (i) and (ii). This seems straightforward enough.
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Velda
29 days ago
Yes, it seems straightforward enough.
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Argelia
1 months ago
Great, so we both think it's A) Both (i) and (ii).
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Chaya
2 months ago
I agree, the image clearly shows that.
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Veda
2 months ago
I think the correct answer is A) Both (i) and (ii).
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Adell
3 months ago
I think the correct statement about Living Trust is both (i) and (ii).
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