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The terms of the governing instrument (will or trust agreement) A-can trump state law on the subject of estate/trust income and principal definitions. B-must always

The terms of the governing instrument (will or trust agreement)

A-can trump state law on the subject of estate/trust income and principal definitions.

B-must always defer to state law.

C-must always defer to federal law.

D-cannot be successfully challenged 6 months after date of death (for a will) or creation (for a trust agreement).

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