A spendthrift clause in a trust does which of the following: a. it protects the trust assets
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Question:
- A spendthrift clause in a trust does which of the following:
- a. it protects the trust assets and allows wealth to grow within the trust income tax-free
- b.it requires the trustee to act as a fiduciary
- c. it protects the trust assets from most creditors
- d. it requires the trustee to make small annual distributions
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