Question

Which of the following describes a trust?

O A. A person or organization who benefits from a will
O B. Property held by one person for the benefit of another person
C. A statement of a person's wishes for their property after death
D. A statement of a person's preferences for medical treatment

Answer 1

Answer: B

Explanation: Guy above me :)

Answer 2

B

Step-by-step explanation:

g-ogle said : "A trust fund is an estate planning tool that establishes a legal entity to hold property or assets for a person or organization. ... Trust funds can hold a variety of assets, such as money, real property, stocks and bonds, a business, or a combination of many different types of properties or assets.'