Gail is the beneficiary of a business trust. As a beneficiary, she is required to

Name: Gail is the beneficiary of a business trust. As a beneficiary, she is required to
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As a beneficiary of a business trust, Gail is not required to distribute the trust's profits nor assume responsibility for the trust's debts. It is also not her responsibility to draft a written trust agreement. The trustee is responsible for managing the trust and distributing profits according to the terms of the trust agreement.

Gail Is the Beneficiary of a Business Trust