HS-330 practice question 18 of 35
Which of the following statements concerning a simple trust is (are) correct? l. All income must be distributed as earned to the person or persons…
Choose your answer, then check it against the explanation.
Which of the following statements concerning a simple trust is (are) correct?
l. All income must be distributed as earned to the person or persons who are beneficiaries of the
trust.
II. Principal and income may be distributed to a qualified charity.
Question 18 of 35
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