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When comparing a CLT and CRT, some of the main differences and uses include which of the following: 1. A CLT will appeal to donors

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When comparing a CLT and CRT, some of the main differences and uses include which of the following: 1. A CLT will appeal to donors who have no need for current income from an asset, whereas a CRT will appeal to donors who need, for at least a few years, income generated by assets in the trust. II. A CLT is always a taxable entity, whereas a CRT is tax exempt. III. A CLT can be a grantor or non-grantor trust for income tax purposes, whereas a CRT is disqualified if it is deemed to be a grantor trust. A. I, II, and III B. I and III only C. 11 and 11I only D. I and II only

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