The administration of personal trust accounts is primarily controlled by all of the following EXCEPT:
Cash surrender life insurance is referred to:
The duties of a guardian in guardianship arrangements are similar to those of a trustee.
Specifically, the guardian is obligated to:
1) Protect and preserve the assets
2) Submit an inventory and appraisal to the court
3) Retain or divest assets
4) Use principal and income for the benefit of the ward
5) Submit an annual accounting to the court
Major types of individual long-term disability policies are all EXCEPT:
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