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Content AreaJose is subject to the top marginal Federal income tax rates. Carlita is considering establishing a trust in which Jose would be an income

Content AreaJose is subject to the top marginal Federal income tax rates. Carlita is considering establishing a trust in which Jose would be an income beneficiary. Considering only income tax consequences, Jose should be designated as: a. A second-tier beneficiary. b. Only a remainder beneficiary. c. Both a first- and a second-tier beneficiary. d. A first-tier beneficiary

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