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Business, 23.07.2020 21:01 melissalopez12

A trust account is opened by an 88-year old uncle who is in declining health. The elderly man is the donor to the account and the terms of the trust state that the assets are to be managed for the benefit of the uncle to provide income until death, at which point the trust assets become the property of the uncle's 31-year old nephew. The nephew is an aggressive investor that is looking for growth. The trustee is obligated to manage the assets of the trust:

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A trust account is opened by an 88-year old uncle who is in declining health. The elderly man is the...

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