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When a Beneficiary Receives a Distribution from a Trust of an Asset

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Short Answer

When a beneficiary receives a distribution from a trust of an asset other than cash, the realized loss generally is
(recognized, not recognized) by the trust.


Definitions:

Defense Mechanism

Psychological strategies brought into play by individuals to cope with reality and to maintain self-image.

Alfred Adler

Alfred Adler was an Austrian medical doctor and psychotherapist who founded the school of individual psychology and emphasized the importance of feelings of inferiority and the creative self.

Compensation

The act of providing something, often monetary, to make up for a loss, injury, or suffering.

Neurotic Personality

A personality type characterized by a pervasive pattern of emotional instability and anxiety.

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