When a Beneficiary Receives a Distribution from a Trust of an Asset

question 62

Short Answer

When a beneficiary receives a distribution from a trust of an asset other than cash, generally a(n)____________________ basis is assigned to the asset.

---

Definitions:

Evolutionary Psychology

An exploration of psychological frameworks within the social and natural sciences, guided by the principles of modern evolutionary theory.

Cognitive Neuroscience

An academic field that studies the biological processes and aspects that underlie cognition, with a focus on the neural connections in the brain which are involved in mental processes.

Behavior Genetics

The study of the relative power and limits of genetic and environmental influences on behavior.

Behaviorism

A theory of learning based on the idea that all behaviors are acquired through conditioning, emphasizing the importance of observable actions over internal processes.