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Question 13 4 pts ldentify which of the following statements is true: O An individual cannot be both a tier-1 and tier-2 beneficiary in the

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Question 13 4 pts ldentify which of the following statements is true: O An individual cannot be both a tier-1 and tier-2 beneficiary in the same year. potentilly can receive more favorable tax treatment than tier-1 benefciaries. O Simple trusts use the tier system. O All of the above are false

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