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Other Fields Homework Help Accounting Topic started by: Mandarini on Feb 15, 2017



Title: On March 1, Bruce transfers $300,000 to a revocable trust with Sprint Bank as trustee. The trustee ...
Post by: Mandarini on Feb 15, 2017
On March 1, Bruce transfers $300,000 to a revocable trust with Sprint Bank as trustee. The trustee must pay out all the income to Sam during Sam's lifetime. At Sam's death, the property is to be paid to Sam Jr. On December 31, the trustee distributes $40,000 of income to Sam. What date did a gift occur? What was the amount of the gift?


Title: Re: On March 1, Bruce transfers $300,000 to a revocable trust with Sprint Bank as trustee. The ...
Post by: Rimoun on Feb 15, 2017
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Title: Re: On March 1, Bruce transfers $300,000 to a revocable trust with Sprint Bank as trustee. The trustee ...
Post by: Mandarini on Jul 15, 2017
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