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Bonita is considering establishing a trust for her mother. The bank is the trustee. Bonita will retain the right to revoke the trust and be
Bonita is considering establishing a trust for her mother. The bank is the trustee. Bonita will retain the right to revoke the trust and be the remainder beneficiary of the trust. If the trust earns $15,000 for the year, who must pay income tax on earnings?
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