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follow up estion 22 of 75 wator trust allows the grantor to do all of the following, EXCEPT: Revoke or modity the trust Control the
follow up estion 22 of 75 wator trust allows the grantor to do all of the following, EXCEPT: Revoke or modity the trust Control the disposition of trust property O Distribute current income to the grantor or grantor's spouse. O Avoid taxation until the trust is revoked. Mark for follow up Question 23 of 75. All of the following apply to a simple trust, EXCEPT: O It does not distribute principal O It must allow for principal distributions O All income must be distributed currently O It does not allow distributions for charitable contributions Mark for follow up Question 24 of 75. Trust principal, sometimes referred to as the corpus or body of the trust, decreases when The grantor makes additional contributions to the trust The sale of trust property results in a capital loss. The trust receives a settlement in a lawsuit The trustee transfers accumulated income not required to be distributed into principal Mark for follow up Question 25 of 75. At what point is an inter vivos trust considered to be funded? When the granto O Dies O Signs the document. O Provides for the transfer of property to the trust in their wil Transfers to the trust the title of property to be held in the trust. Mark for follow up Question 26 of 75. Which of the following medical deductions are always allowable on a decedent's final return Only medical expenses that were paid before death Only medical expenses paid after death. O All medical expenses paid during the calendar year
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