A Non-Spousal Trust Account Holds Two Buildings as Its Assets

question 7

Multiple Choice

A non-spousal trust account holds two buildings as its assets.Building 1 originally cost $150,000 and Building 2 originally cost $210,000.It is now the 21^st anniversary of the trust, and the assets have not been transferred to the beneficiary.The undepreciated capital cost of Building 1 is $85,000 and its market value is $200,000.The undepreciated capital cost of Building 2 is $145,000 and its market value is $190,000.Which costs will be the deemed acquisition values of the buildings for the trust?

• A)B1 = $150,000 and B2 = $210,000
• B)B1 = $85,000 and B2 = $145,000
• C)B1 = $200,000 and B2 = $190,000
• D)B1 = $200,000 and B2 = $210,000

---

Definitions:

Disorientation

A state of mental confusion regarding time, place, or identity, often a symptom of neurological or psychiatric conditions.

Escitalopram (Lexapro)

A prescription medication used to treat depression and generalized anxiety disorder by influencing neurotransmitters in the brain.

Antidepressants

Medications prescribed to alleviate symptoms of depression and, in some cases, anxiety, by influencing brain chemistry.

Symptom Relief

Actions or treatments aimed at reducing the severity of symptoms associated with a condition or disease.