What statement pertaining to an inter vivos trust is correct?

a) Trust income is taxed based on the same graduated system used for instituel auses.

O b) Unless a transfer of property to an inter vivos trust's done at an mariat ale is taster an

result in the attribution of income to the transferor.

O c) An inter vivos trust can be a particularly effective planning vehicle when the present sene ease

Is expected to generate significant amounts of taxable income each yea.

d) The governing document for an inter vivos trust is a will.

What sta tement pertaining to an inter vivos trust is correct? a) Trust income is taxed based on the same graduated system used for idididarapeses b) Unless a transfer of property to an inter vivos trust is done at tarmanie ivele me tansaturne result in the attribution of income to the transferor. is expected to generate significant amounts of taxable income each year. d) The governing document for an inter vivos trust is a will