NISM 10B Investment Adviser Level 2 Notes
Page 129 Of 180
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Family Settlement: Resolves disputes over family assets amicably.
HUF: Hindu Undivided Family for joint asset management.
Testamentary Trust: Created via will, effective post-death.
Living Trust: Manages assets during and after settlor’s lifetime.
Revocable Trust: Can be altered or canceled by settlor.
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