NISM 10B Investment Adviser Level 2 Notes

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  • Irrevocable Trust: Cannot be changed once established.
  • Private Trust: Benefits specific individuals or family members.
  • Public Trust: Created for charitable or religious purposes.
  • Determinate Trust: Beneficiaries and shares clearly defined.
  • Discretionary Trust: Trustee decides beneficiary shares.

NISM 10B NISM Investment Adviser Level 2

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