Distributable Net Income (DNI) Is the (Maximum, Minimum) Amount That

question 52

Short Answer

Distributable net income (DNI) is the (maximum, minimum) amount that can be included in the beneficiaries' gross incomes from the fiduciary for the year.

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Definitions:

Discovered

The act of finding something or someone that was previously unknown or unrecognized.

Nativist

A perspective in psychology and linguistics that suggests certain skills or abilities are "native" or hard-wired into the brain at birth.

Heredity

The passing on of physical or mental characteristics genetically from one generation to another.

Psychological Traits

Enduring characteristics of an individual's behavior, thought, and emotional patterns.