Question: Instructions Show 1 3 What is the difference between an inter vivos trust and a testamentary trust? Explain briefly how income tax payable is determined

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13 What is the difference between an inter vivos trust and a testamentary trust? Explain briefly how income tax payable is determined for these two types of trusts.
2) Inefly describe the 21 year deemed disposition rule. Your answer should include the objective of this rule

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