To Reduce Trustee Commissions, the Sigrid Trust Is Operated as Though

question 115

Multiple Choice

To reduce trustee commissions, the Sigrid Trust is operated as though it were two trusts (i.e., with 70-year-old Grandma and 7-year old Skippy each holding equal shares) .This year the trust generated distributable net income (DNI) of $80,000.The Sigrid trustee distributed $100,000 to Grandma this year: $40,000 as her one-half share of the entity's income, and $60,000 as a distribution of principal.Skippy received no distribution. How much of the year's distributable net income is assigned to Grandma?

• A)$40,000.
• B)$50,000.
• C)$80,000.
• D)$100,000.

---

Definitions:

Need to Accomplish

The internal drive or motivation guiding individuals to achieve goals, complete tasks, and succeed in activities.

Google Calendar

A time-management and scheduling calendar service developed by Google, which allows users to create and edit events.

Snapchat

A social media platform known for ephemeral content, allowing users to send photos and videos that disappear after being viewed.

Bounce Rates

The percentage of visitors to a website who navigate away from the site after viewing only one page, indicating engagement levels.