F Transfers $100,000 in Trust to Trustee T

question 7

Multiple Choice

F transfers $100,000 in trust to trustee T.Under the terms of the trust instrument, S (F's son) is to receive the income of the trust for his lifetime.Upon S's death, the corpus will be distributed to GC, S's daughter.The beneficiaries of this trust are

• A)S only
• B)S and GC
• C)T and S
• D)T, S, and GC

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Definitions:

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