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American College Exam HS330 Topic 3 Question 97 Discussion

Actual exam question for American College's HS330 exam
Question #: 97
Topic #: 3
[All HS330 Questions]

Many trust instruments provide for the removal of the original trustee. All the following are valid reasons for removal of a trustee EXCEPT:

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Suggested Answer: A

by Adria at Sep 15, 2024, 09:45 PM

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Reta
1 months ago
Wow, these trust questions really tie me up in knots. I need to 'untrust' myself from this exam.
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Dolores
16 days ago
A) A shift in trust situs is desirable because of changes in law.
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Tammara
1 months ago
I guess the beneficiary can't 'trust' the trustee anymore. Get it? Trust? Trustee? Ah, I kill me.
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Susana
1 months ago
I'm stumped on this one. Maybe the answer is A? A shift in trust situs due to changes in law doesn't seem like a valid reason to remove the trustee. They should be able to adapt, right?
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Twana
14 days ago
A) A shift in trust situs is desirable because of changes in law.
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Simona
2 months ago
C is the answer. The beneficiary not getting along with the corporate trustee is definitely a valid reason for removal. Gotta keep the peace, you know?
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Tamar
15 days ago
C) The beneficiary is not able to get along with the present corporate trustee.
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Myong
16 days ago
B) The beneficiary has been successful with investments and wants to manage the trust assets.
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Clorinda
28 days ago
A) A shift in trust situs is desirable because of changes in law.
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Ashlyn
2 months ago
I'm going with D. The beneficiary moving to a distant state shouldn't be a valid reason to remove the trustee. The trustee's location doesn't really affect their ability to manage the trust.
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Latrice
14 days ago
I agree with you, D doesn't seem like a valid reason to remove the trustee.
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Nakisha
16 days ago
C) The beneficiary is not able to get along with the present corporate trustee.
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Ceola
18 days ago
B) The beneficiary has been successful with investments and wants to manage the trust assets.
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Darrin
1 months ago
A) A shift in trust situs is desirable because of changes in law.
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Tu
2 months ago
But what about A and C? Those seem like valid reasons too.
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Buddy
2 months ago
I disagree, I believe the answer is D.
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Tu
2 months ago
I think the answer is B.
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Merrilee
2 months ago
Hmm, I think the answer is B. The beneficiary being successful with investments and wanting to manage the trust assets doesn't seem like a valid reason to remove the trustee. The other options all make sense as valid reasons.
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Toi
24 days ago
D) The beneficiary has moved his or her residence to a distant state.
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Goldie
1 months ago
C) The beneficiary is not able to get along with the present corporate trustee.
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Johana
1 months ago
B) The beneficiary has been successful with investments and wants to manage the trust assets.
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Helene
2 months ago
A) A shift in trust situs is desirable because of changes in law.
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