The Flan Trust is scheduled to terminate in two years, when Amy Flan reaches age 30. Several

Question:

The Flan Trust is scheduled to terminate in two years, when Amy Flan reaches age 30. Several years ago, the trust operated a business that generated a sizable NOL carry forward that the trust has not been able to use. In addition, due to a bearish stock market, the value of the entity's investment has declined 15% from its purchase price. What issues must you consider in advising Amy and the corporate trustee?
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...