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solong [7]
1 year ago
15

kenny is considering creating a testamentary trust. which of the following is not a feature of a testamentary trust? a.creation

under a last will and testament b.shifts an income tax burden to a lower-bracket taxpayer c.results in the inclusion of assets in the gross estate d.does not avoid probate
Business
1 answer:
bonufazy [111]1 year ago
4 0

A testamentary trust could be established to oversee the charitable asset distribution in accordance with the decedent's desires.

A Testamentary Trust: What Is It?

A trust that is created in line with the directions in a last will and testament is known as a testamentary trust. A trust is a fiduciary arrangement that enables a trustee—a third party—to manage resources on behalf of the trust's beneficiaries.

A person's instructions for creating a testamentary trust may be included in their will, allowing the trustee to disperse their assets to the designated beneficiaries. A testamentary trust, however, is not established until the person has gone away. Additionally, a testamentary trust may appear more than once in a will.

Learn more about Testamentary Trust here:

brainly.com/question/28400559

#SPJ4

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Answer:

The correct answer of this question is b-200$.

Explanation:

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As per tax law whose income is less than 9,750 dolars is liable to pay tax at the rate of 10%.

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