Which of the following would be charged to the life tenant's interest in the course of administering a trust?

Question

Quizplus · Accepted Answer

Ordinary repairs to trust property are typically charged to the life tenant's interest because they are considered expenses necessary for the maintenance and preservation of the property's value during the life tenant's term. Permanent improvements and the costs of establishing the trust generally benefit the remainderman or the trust as a whole, rather than the life tenant specifically. Expenses of selling a trust investment are usually not charged to the life tenant unless the sale benefits the life tenant directly.

Which of the Following Would Be Charged to the Life