Under the Revised Uniform Principal and Income Act (of 1962), the rights of income beneficiaries begin at the time assets are actually transferred to the trustee.
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Q13: The recipient of personal property being distributed
Q14: For the most part, the basis used
Q15: The first reference source in determining whether
Q16: The second reference source in determining whether
Q17: A trust, unlike an estate, is an
Q19: If the income beneficiary and principal beneficiary
Q20: Generally accepted accounting principles are the last
Q21: Except at certain points in time, the
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