A Sec. "2503(c) trust"
A) is a discretionary trust for a beneficiary of any age.
B) is intended for beneficiaries over the age of 20.
C) requires distribution of trust assets to the beneficiary at age 21.
D) can be formed only by the parent(s) of the beneficiaries.
C) requires distribution of trust assets to the beneficiary at age 21.
You might also like to view...
According to the REA philosophy, information systems should support only the needs of accounting professionals
Indicate whether the statement is true or false
An interrogatory would be a tool by attorneys in the discovery process
a. True b. False Indicate whether the statement is true or false
Which of the following represents the role of a strategic advisor played by a chief human resource officer (CHRO)?
A. Ensuring that the HR function aligns its activities toward the needs of the business B. Helping the executive team see the importance of talent C. Sharing the people expertise as part of the decision-making process D. Meeting with direct reports to provide guidance and check on progress E. Identifying present and future talent gaps and coming to own the talent agenda
Mr. Taylor purchased furniture for his office for a total of $1,109.46 including 6.25% in sales tax. How much was the furniture before the tax?
A) $1,404.12 B) $1,044.20 C) $1,004.20 D) $1,040.12