AAFM Exam CTEP Topic 8 Question 46 Discussion

Actual exam question for AAFM's CTEP exam

Question #: 46
Topic #: 8

[All CTEP Questions]

Which of the following is/are advantage(s) of Living Trust?

AOnly (iii)

BAll except (ii)

CNone of the above

DAll of the above

Show Suggested Answer

Suggested Answer: B

by Maxima at Jul 13, 2024, 04:55 AM

Limited Time Offer

25%

Off

Get Premium CTEP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Julio

2 days ago

Wow, this question is a real brain-teaser! I can't seem to decide between the options. Living trusts are so complex, it's like navigating a maze blindfolded.

upvoted 0 times

...

Leonor

14 days ago

I believe the answer is D) All of the above, as Living Trust also provides privacy and flexibility

upvoted 0 times

...

Oretha

20 days ago

I agree with Caitlin, because Living Trust can help avoid probate

upvoted 0 times

...

Caitlin

24 days ago

I think the advantage of Living Trust is only (iii)

upvoted 0 times

...