Beneficiaries of a trust may receive
A)an income interest only.
B)a remainder interest only.
C)both an income and a remainder interest.
D)Any of the above is correct.

Question

Quizplus · Accepted Answer

Beneficiaries of a trust can receive different types of interests depending on the terms of the trust. They may receive an income interest only, a remainder interest only, or both an income and a remainder interest. Therefore, any of the options provided can be correct based on the specific trust arrangement.

Beneficiaries of a Trust May Receive