Which of the following statements regarding the various types of trusts is not true?
A. A trust may qualify as a simple trust if all income must be distributed currently.
B. A trust may qualify as a simple trust if the trust does not distribute amounts allocated to the corpus of the trust.
C. A grantor trust is a separate taxable entity in which the grantor has not relinquished complete dominion and control over the trust.
D. A complex trust is any trust that does not qualify as a simple or grantor trust.
Answer: C. A grantor trust is a separate taxable entity in which the grantor has not relinquished complete dominion and control over the trust.
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Sales personnel who have adopted the consultative style use the survey and ________ approaches most frequently
Fill in the blanks with correct word
Nash and McLennan's coping strategies model describes cynics as ________
A) individuals who believe that their faith influences their work in the business world B) individuals who may not profess a religious faith and have no reason to attempt to integrate their faith in their work C) people who are resigned in their belief that no integration of their religious faith in the world of business is possible D) individuals who have an expectation that there is no distinction between sacred and secular, that everything a believer does in the market is guided by God E) people who have strong religious faith but attempt to cope with the tensions of integrating faith at work by keeping business separate from religion