American College Exam HS330 Topic 3 Question 97 Discussion

Actual exam question for American College's HS330 exam

Question #: 97
Topic #: 3

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

AA shift in trust situs is desirable because of changes in law.

BThe beneficiary has been successful with investments and wants to manage the trust assets.

CThe beneficiary is not able to get along with the present corporate trustee.

DThe beneficiary has moved his or her residence to a distant state.

Show Suggested Answer

Suggested Answer: A

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

Limited Time Offer

25%

Off

Contribute your Thoughts:

Submit Cancel

Currently there are no comments in this discussion, be the first to comment!