The trustee of the Miguel Trust can distribute any amount of accounting income and corpus to the trust's income beneficiaries,Paula and George.This year,the trust incurred the following.
The trustee distributed $40,000 to Paula and $40,000 to George.
Definitions:
Coral Reefs
Marine structures made of the calcium carbonate skeletons of coral organisms, which are home to diverse ecosystems and protect coastlines from erosion.
Modern Locations
Contemporary or current places of interest or where specific events or activities occur.
Continental Crust
The Earth's outer layer comprising granite-rich, less dense rock that makes up the continents.
Oceanic Crust
The part of the Earth's crust that underlies the oceans, thinner and denser than the continental crust.
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