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Title: Identify which of the following statements is false. Post by: safezone on Feb 15, 2017 Identify which of the following statements is false.
A) State trust law preempts the trust document when defining income. B) The Uniform Act on principal and income requires depreciation to be charged against income. C) A statement in the trust instrument concerning the allocation of depreciation to principal or income overrides a provision of state law. D) The Uniform Act allocates royalties to both principal and income. Title: Re: Identify which of the following statements is false. Post by: strwbrry on Feb 15, 2017 Content hidden
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