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Barney Creates a Trust,income Payable to Chloe for Five Years,remainder

Question 103

Essay

Barney creates a trust,income payable to Chloe for five years,remainder to Emma.Emma is Barney's daughter (and a single parent),and Chloe is his 19-year old granddaughter.What might be the justification for this type of trust?

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Probably to help pay for Chloe...

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