An advantage of a trust is
A)ease of set up and administration.
B)tax minimisation.
C)a simple legal structure.
D)unlimited liability

Name: An advantage of a trust is A)ease of set up and administration. B)tax minimisation. C)a simple legal structure. D)unlimited liability
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Question

Quizplus · Accepted Answer

A trust offers the advantage of tax minimisation, as income earned by the trust can be distributed among beneficiaries who are typically in lower tax brackets. The other options are not advantages of a trust.

An Advantage of a Trust Is