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Jose is subject to the top marginal Federal income tax rates. Carlita is considering establishing a trust in which Jose would be an income beneficiary.
Jose 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 first-tier beneficiary. b. A second-tier beneficiary. c. Only a remainder beneficiary. d. Both a first- and a second-tier beneficiary.
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