If a state has adopted the Revised Uniform Principal and Income Act, which of the following statements is correct?
A. Under state law, tax-exempt interest will not be allocated to income.
B. The state law definition of trust income will preempt any other definitions.
C. The definition of trust income in the trust document will preempt all other definitions.
D. The definition of principal in the trust document must classify capital gains as principal.
Answer: C
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The Fifth Amendment protects people from unreasonable search and seizure by the government
Indicate whether the statement is true or false
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