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A Trustee Has a Duty to Make Proper Allocation of Income

Question 37

Multiple Choice

A trustee has a duty to make proper allocation of income items.Which of the following statements is true concerning this allocation?


A) Ordinary income is allocated to the remainderman.
B) Ordinary expenses are chargeable to the income beneficiary.
C) Rents and royalties to the remainderman.
D) Extraordinary repairs to the income beneficiary.

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