Define the following terms: a. Reversionary interest b. Income beneficiary c. Remainder beneficiary d. Simple trust e.
Question:
Define the following terms:
a. Reversionary interest
b. Income beneficiary
c. Remainder beneficiary
d. Simple trust
e. Complex trust
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Below is the answer a Reversionary Interest This refers to interest in property that returns to the ...View the full answer
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Related Book For 
CCH Federal Taxation Basic Principles 2020
ISBN: 9780808051787
2020 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
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