Question

What restrictions are placed on a minor who is the beneficiary of an estate?

A. In most states, they must establish a trust to hold the estate until they turn 21.

B. In most states, they must be 16 years old to assume control of an estate.

C. In most states, they must be 21 years old to assume control of an estate.

D. In most states, they must be 18 years old to assume control of an estate. ​

Answer 1

Answer:

D) In most states, they must be 18 years old to assume control of an estate. ​

Explanation:

Will not be able to access their inheritance until they turn 18.

Answer 2

Restrictions are placed on a minor who is the beneficiary of an estate are In most states, they must be 18 years old to assume control of an estate. ​Thus, option (d) is correct.

What is restrictions?

Restrictions refer to a person's ability to exercise control. The limitation is governed by legal and governmental regulations. For instance, the Marriage Act's prohibition on underage at 18 is a restriction.

Due to the fact that many states do not grant this age any legal protection, there are numerous limits on it. The legal capacity to own property, validate signatures, enter into marriage, etc. begins at the age of 18. It is required to adopt and consume rights by the age of 18.

Therefore, option (d)  in most states, they must be 18 years old to assume control of an estate is correct.

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