The Suarez Trust Generated Distributable Net Income (DNI) This Year

question 77

Multiple Choice

The Suarez Trust generated distributable net income (DNI) this year of $150,000, one-third of which was portfolio income, and the balance of which was exempt interest.Under the terms of the trust, Clara Suarez is to receive an annual income distribution of $30,000.At the discretion of the trustee, additional distributions can be made to Clara or to Clark Suarez III.This year, the trustee's distributions to Clara totaled $90,000.Clark also received $90,000.How much of the trust's DNI is assigned to Clara?

• A)$90,000.
• B)$78,000.
• C)$48,000.
• D)$30,000.

---

Definitions:

Norms

The unwritten rules and expectations for behavior within a society that guide and regulate people's actions in various situations.

Intrinsic Religiosity

A person’s inner religious life or personal relationship to the divine.

Extrinsic Religiosity

A person’s public display of commitment to a religious faith.

Unchurched Spirituality

Describes a personal spiritual belief and practice outside of organized religion or traditional church settings.