Which of the Following Is a Typical Duty of a Trustee

question 48

Multiple Choice

Which of the following is a typical duty of a trustee?

• A) File the entity's state and Federal income tax returns.
• B) Invest the assets that comprise the corpus of the entity.
• C) Distribute entity accounting income to the beneficiaries in accordance with the provisions of the trust instrument.
• D) All of the above.

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Definitions:

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