Business
Business, 02.01.2020 23:31, maddihamidou

Manny decides to set up an irrevocable trust for his children. he lacks proper investment experience, so he makes his iar, oscar, the trustee for this irrevocable trust. which of the following would be true in this case with nasaa rules in mind?
a. manny would have custody of the trust assets since he is still aliveb. oscar would have custody of the trust assets, despite the fact that manny is still alive and many still be contributing to the trustc. only the beneficiaries for the trust would currently have custody of trust assets. d. since the trust is considered its own entity, manny, oscar, and the beneficiaries of the trust would not have custody of the trust assets in this case.

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Answers: 3

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Manny decides to set up an irrevocable trust for his children. he lacks proper investment experience...

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