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nadya68 [22]
3 years ago
15

What are the benefits of setting up a trust?

Business
1 answer:
Contact [7]3 years ago
7 0
Setting up a trust have some benefits, these include: (1) avoiding taxes. (2). It empowers one to protect his estate and determine how the trust is to be spent, even after one's death. (3) Provision of funds for educational purpose. (4). Provision of funds and benefits for charities and institutions. (5). Grant one the opportunity of avoiding probate.
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4 years ago
-True-False 18. All types of extinguisher can use in any kinds of fire. - True False ​
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All types of extinguisher can use in any kinds of fire.

  • <em>False</em>

<u>All types of </u><u>extinguishers</u><u> </u><u>cannot</u><u> </u><u>be</u><u> </u><u>used</u><u> </u><u>in</u><u> </u><u>any</u><u> </u><u>kind</u><u> </u><u>of</u><u> </u><u>fire</u><u>.</u><u> </u><u>Let's</u><u> </u><u>understand</u><u> </u><u>this</u><u> </u><u>statement</u><u> </u><u>with</u><u> </u><u>an</u><u> </u><u>example</u><u>.</u><u>.</u><u>.</u>

  • <u>Example</u><u>:</u><u>-</u><u> </u><em>Suppose</em><em> </em><em>that</em><em> </em><em>a</em><em> </em><em>fire</em><em> </em><em>has</em><em> </em><em>taken</em><em> </em><em>place</em><em> </em><em>due</em><em> </em><em>to</em><em> </em><em>some</em><em> </em><em>electrical</em><em> </em><em>issues</em><em>.</em><em> </em><em>This</em><em> </em><em>kind</em><em> </em><em>of</em><em> </em><em>fire</em><em> </em><em>cannot</em><em> </em><em>be</em><em> </em><em>extinguished</em><em> </em><em>by</em><em> </em><em>water</em><em> </em><em>because</em><em> </em><em>water</em><em> </em><em>is</em><em> </em><em>a</em><em> </em><em>good</em><em> </em><em>conductor</em><em> </em><em>of</em><em> </em><em>electricity</em><em>.</em><em>.</em><em>.</em><em>~</em>
5 0
2 years ago
The key to setting a final price for a product is finding an approximate price level to use as a reasonable starting point. Four
nadya68 [22]

Answer:

competition-oriented

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Four common approaches to selecting an approximate price level are (1) demand-oriented, (2) cost-oriented, (3) profit-oriented, and (4) competition-oriented approaches

4 0
3 years ago
The owner of a property creates a deed, leaving the name of the grantee blank, and puts it in a drawer, where it is forgotten fo
bazaltina [42]

Answer:

Because recording a deed as the grantee will allow the listed to legally hold the deed, plus having the physical deed is moreso evident of being grantee, unless the owner of the property has proof of the visitor forging his grantee permit he has no way of disputing it.

Explanation:

7 0
4 years ago
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ryzh [129]

Answer: True

Explanation:

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