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True or False : Income generated by the corpus of a charitable trust is tax exempt. Get me a statute ? Use westlaw( statue should

  1. True or False : Income generated by the corpus of a charitable trust is tax exempt. Get me a statute ?

Use westlaw( statue should be of New Jersey)

2, True or False : I set up a trust where my church gets $90,000.00 per year and my son gets $9,000.00 per year. The trust income is taxable.

Get me a case should be New Jersey and use westlaw?

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