The Present Value of a Trust's Federal Income Tax Liability

question 95

Multiple Choice

The present value of a trust's Federal income tax liability is reduced when:

• A) The entity is classified as a simple trust.
• B) The trust invests in high-yield stocks.
• C) The trust invests in growth stocks.
• D) The trust collects income in respect of a decedent.

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Definitions:

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A temporary loss of electrical power in a particular area or facility.

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The act of predicting or expecting something to happen in the future and preparing for it.