Joseph established an irrevocable trust to pay college tuition for his six great-grandchildren. After the last of

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Joseph established an irrevocable trust to pay college tuition for his six great-grandchildren. After the last of Joseph's six great-grandchildren graduates from college

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the trust can be revoked by the probate court.

the trust can be revoked by Joseph.

the trust terminates.

the trust continues in perpetuity.

Related Book For answer-question

Personal Financial Planning

ISBN: 978-1111971632

13th edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley

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Posted Date: May 16, 2021 11:00 PM

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Joseph established an irrevocable trust to pay college tuition for his six great-grandchildren. After the last of

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A is the correct answer The trust can be revoked by the probate court An Immutable trust is ... View the full answer

Personal Financial Planning

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