Madonna is a famous singer;as such,she may select to settle her estate through a trust because of which reason(s)?

Question

Quizplus · Accepted Answer

All of the reasons listed are advantages of settling an estate through a trust, so Madonna may select a trust for any or all of these reasons. Trusts can be more difficult to challenge than wills, as they are typically established during the person's lifetime and can be protected from legal challenges. Trusts may also reduce estate taxes, as assets within the trust are typically not included in the person's taxable estate. Trusts provide confidentiality, as they are not public record and do not go through probate court. Finally, trusts allow for professional management, as the trustee is responsible for managing and distributing the assets according to the person's wishes.

Madonna Is a Famous Singer;as Such,she May Select to Settle