If provided for in the controlling agreement, a trust might terminate when the income beneficiary graduates with a law degree.

Question

Quizplus · Accepted Answer

If the controlling agreement includes a provision stating that the trust will terminate when the income beneficiary graduates with a law degree, then it will be true. However, if such a provision is not included in the agreement, then it would be false.

If Provided for in the Controlling Agreement, a Trust Might