Question
Ninoskacontributed $500,000 to an irrevocable trust in which the income is distributed annually to her daughter for life, and upon her daughter's death the remaining
Ninoskacontributed $500,000 to an irrevocable trust in which the income is distributed annually to her
daughter for life, and upon her daughter's death the remaining trust assets are to be distributed to
Ninoska's granddaughter. Which of the following correctly describes the type of trust Ninoska has
created?
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Accounting Information Systems
Authors: Robert Hurt
4th Edition
78025885, 78025884, 9781259293795 , 978-0078025884
