Which of the following is a characteristic of a complex trust, rather than a simple trust? a.
Question:
Which of the following is a characteristic of a complex trust, rather than a simple trust?
a. A complex trust must distribute all of the income earned by trust assets to the beneficiaries each year.
b. A complex trust is required to make distributions to beneficiaries every year.
c. A complex trust is not allowed to make distributions to a charitable organization.
d. A complex trust is allowed to distribute trust principal to the beneficiaries.
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Choice d is correct A complex trust is allowed to distribute trust principal ...View the full answer
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