For Each of the Following Independent Statements, Choose the Best

question 45

Multiple Choice

For each of the following independent statements, choose the best answer.
-The entity was created by either a decedent or a living person.

• A)Tax attribute of complex trusts only
• B)Tax attribute of estates only
• C)Tax attribute of estates and complex trusts
• D)Tax attribute of neither estates nor complex trusts

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Definitions:

Great Migrations

Refers to the large-scale movements of peoples or animals from one region to another, often highlighted in history for human populations moving for reasons such as war, famine, or climate change.

Paleolithic

The “old” Stone Age, during which humankind produced the first sculptures and paintings.

Neolithic

The “new” Stone Age.

Mesolithic

The “middle” Stone Age, between the Paleolithic and the Neolithic ages.