Which of the following types of accounts can trust accounts be?

Trust accounts can indeed be established as either savings or checking accounts. This flexibility allows for effective management of the trust funds, which may include the need for accessibility to pay bills or disburse funds (such as a checking account) and also the opportunity to earn interest on stored funds (like a savings account).

In the context of trust accounts, utilizing both types is practical since a checking account can facilitate transactions, while a savings account can be used to accumulate interest over time. These accounts are designed to hold funds in a fiduciary capacity, ensuring that the account holder manages the funds according to the trust's terms for the benefit of the beneficiary.

Other options, such as limiting trust accounts strictly to checking accounts or savings accounts, do not capture the full range of options available for trust account management, which can include both savings and checking accounts to meet varying financial needs and objectives. Additionally, while investment accounts can be utilized in some contexts, they aren't as commonly designated as main types of trust accounts compared to checking or savings accounts, which are more straightforward and widely used for everyday financial transactions and fund management.