Question 5 1 Point The transfer of a trust's corpus from settlor to trustee is a CGT Event A False B True as long as the trustee signs a waiver guaranteeing that the settlor is not liable for any debts incurred by the trust (C) True D) Only if the corpus is valued at greater than $5,000 Question 6 1 Point Trustees may distribute tax losses to beneficiaries . Yes because beneficiaries are equitably entitled to receive the tax benefit of trust losses B False True (D) Only if the trust deed permits trustees to distribute tax losses to beneficiaries