If the income beneficiary and principal beneficiary are the same person, a built-in clash of interests still exists between these interests.

Name: If the income beneficiary and principal beneficiary are the same person, a built-in clash of interests still exists between these interests.
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Quizplus · Accepted Answer

Even if the income and principal beneficiaries are the same person, there can be a conflict between the desire for immediate income and the preservation or growth of the principal for future benefit.

If the Income Beneficiary and Principal Beneficiary Are the Same