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
Answer:
Those who have historically been discriminated against.
Explanation:
Affirmative action seeks to make up for past inequities by providing more opportunities to those who were passed over before.
Answer:
See below
Explanation:
Computation of Lola's Corp adjusted cash book balance at February 28, 2017
Lola Corp's book balance
$35,900
Add:
Interest earned on checking account
$75
Less:.
Customer's NSF check returned by the the bank
$325
Add:
Error in recording customer's check
($110 - $101)
$9
Adjusted cash balance
$35,659
Therefore, Lola Corp's adjusted cash book balance as at February 28, 2017 is $35,659
Education has help man to be able to shape a better society to live in by knowing and obeying rights, laws etc. In this situation, the social benefit will be Greater than the private benefit and the amount of education produced will be below the socially efficient amount.
Education has help in a lot of ways. These ways includes;
- It has help to become better citizens.
- It has also help people to secure better-paid job.
- Education shows us the essence of hard work.
Community education is also called community-based education. This is simply an organization's programs aim to promote learning and social development work with individuals and groups in a said communities through the agent of formal and informal methods.
Learn more from
brainly.com/question/14143681
Answer:
<u>8.26%</u> per annum
Explanation:
Amount received in euros upon conversion at 1 year forward rate:
= 736170 pounds/0.68 pound = 10,82,603 euros
Amount of money invested at the beginning = 10,00,000 euros
Return earned over a period of 1 year = 1082603 - 10,00,000 euros
= 82,603 euros
Returned earned = 82603/1000000 × 100 = 8.26 % per annum
Forwards rate is referred to as the exchange rate between two currencies at a future date.
Spot rate refers to the exchange rate prevailing between two currencies as on today.