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pls hlp! John Henderson's will provides for the creation of a trust for the benefit of Holly Jones. Under the specific terms, the trust is
pls hlp!
John Henderson's will provides for the creation of a trust for the benefit of Holly Jones. Under the specific terms, the trust is required to distribute to Holly $50,000 cash and 1,000 shares of IBM stock when she reaches 25 years of age, $60,000 cash and 1,200 shares of Xerox when she reaches 30 years of age, $30,000 cash and 2,000 shares of General Motors stock when she reaches 35 years of age, and $100,000 cash and 500 shares of DuPont stock when she reaches 40 years of age. Which if any of these items qualify for exclusion as a specific legacy or bequest Step by Step Solution
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