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?

ABoth (i) and (ii)

BOnly (i)

COnly (ii)

DNeither (i) nor (ii)

Show Suggested Answer

Suggested Answer: B

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

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Catarina

10 days 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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Adell

13 days ago

But (i) and (ii) both make sense, they complement each other.

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Cherry

14 days 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

14 days ago

I disagree, I believe the correct statement is only (i).

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Emiko

16 days ago

The image clearly shows the correct answer is A) Both (i) and (ii). This seems straightforward enough.

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Veda

3 days ago

I think the correct answer is A) Both (i) and (ii).

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Adell

25 days ago

I think the correct statement about Living Trust is both (i) and (ii).

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