A Complex Trust Is Automatically Exempt from the Federal AMT

question 22

True/False

A complex trust is automatically exempt from the Federal AMT.

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Definitions:

Incapacitation

An approach to punishment that seeks to protect society from criminals by imprisoning or executing them.

Criminal Justice

The system of laws, law enforcement, courts, and corrections designed to deter and punish crime and protect society.

Execution

The act of carrying out a plan, order, or course of action, often used in the context of performing tasks or legal penalties.

Sociologists

Scholars or professionals who study society, social behaviors, cultures, institutions, and processes that organize and structure human interactions.