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Trusts are frequently designed for their useful tax treatment. — accumulation have faith in : a trust through which principal and profits are permitted to accumulate as an alternative to currently being paid out out Note: Accumulation trusts are disfavored and sometimes limited in the legislation. — Energetic trust : a have faith in by which lawful title remains while in the trustee who's got a duty to act affirmatively (as in training Management, discretion, and judgment) with regard for the residence
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