The Cooper Trust is required to distribute $80,000 annually, split equally between its two income beneficiaries, Amber and Byron. If trust income is not sufficient to pay these amounts, the trustee can invade corpus to the extent necessary. During the current year, the trust has DNI of $50,000. Byron receives an additional $20,000 discretionary corpus distribution.

Question

The Cooper Trust is required to distribute $80,000 annually, split equally between its two income beneficiaries, Amber and Byron. If trust income is not sufficient to pay these amounts, the trustee can invade corpus to the extent necessary. During the current year, the trust has DNI of $50,000. Byron receives an additional $20,000 discretionary corpus distribution.
The Cooper Trust is required to distribute $80,000 annually, split equally between its two income beneficiaries, Amber and Byron. If trust income is not sufficient to pay these amounts, the trustee can invade corpus to the extent necessary. During the current year, the trust has DNI of $50,000. Byron receives an additional $20,000 discretionary corpus distribution.

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The Answer of The Cooper Trust is required to distribute $80,000 annually, split equally between its two income beneficiaries, Amber and Byron. If trust income is not sufficient to pay these amounts, the trustee can invade corpus to the extent necessary. During the current year, the trust has DNI of $50,000. Byron receives an additional $20,000 discretionary corpus distribution.

The Cooper Trust Is Required to Distribute $80,000 Annually, Split