Distribution of an appreciated asset triggers immediate gain recognition to the trust.
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Q1: Corpus, principal, and assets of the trust
Q9: Trusts typically use a calendar tax year.
Q10: An estate's beneficiary generally must wait until
Q11: The decedent's estate must terminate by the
Q12: Like a partnership,the fiduciary is a tax-reporting,but
Q13: With respect to a selling expense incurred
Q15: A trust might be used by a
Q16: If provided for in the trust agreement,a
Q17: Estates and trusts can claim deductions for
Q18: Generally,capital gains are allocated to fiduciary corpus,because
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