找到
1
篇与
Cannon Trust School III Final Exam
相关的结果
-
Cannon Trust School III Final Exam Review Questions And Answers 2025 2026 Guaranteed A+ Cannon Trust School III Final Exam Review Questions And Answers 2025 2026 Guaranteed A+ All of the following are considered fiduciaries under OCC Regulation 9, EXCEPT: A. trustee. B. executor/personal representative. C. investment advisor in an agency account. D. custodian with no investment discretion. - CORRECT ANSWER- D. custodian with no investment discretion. Your bank is sole trustee of a credit shelter trust. The trust portfolio is invested in a diversified portfolio of domestic stocks and bonds. The current beneficiary requests that the trustee delegate a portion of its investment management responsibility to a recognized third-party advisor who specializes in international investing. The trust is governed by a state recognizing the Prudent Investor Rule. The trustee should: A. decline the request as an impermissible delegation of its trust powers. B. agree to the request subject to the review and approval of its risk management committee. C. agree to the request so long as it obtains authorization and indemnification from all beneficiaries and reconfirm on an annual basis. D. agree to the request if satisfied that delegation will promote investment diversification, and monitor the investment advisor's activities and performance. - CORRECT ANSWER-D. agree to the request if satisfied that delegation will promote investment diversification, and monitor the investment advisor's activities and performance. Your client used your firm's standard trust document. He requests that you draft an amendment to the document. You should: download via https://r.24zhen.com/N9DKU
