A Simple Trust

question 15

Multiple Choice

A simple trust

• A)may make charitable distributions.
• B)may make discretionary distributions of principal.
• C)may accumulate income.
• D)is required to distribute all of its income currently.

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Definitions:

Diverts Attention

The act of causing one's focus to shift away from a primary task or subject towards something else.

Common Ground

A shared understanding or set of beliefs between individuals or groups.

Direct Approach

A communication method that involves stating the main point or objective at the beginning of the message.

Action Step

A specific, actionable measure identified to achieve a goal or implement a strategy.