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A Trustee Has a Duty to Make Proper Allocation of Benefits

Question 72

Multiple Choice

A trustee has a duty to make proper allocation of benefits and burdens between income beneficiaries and remaindermen. Which of the following statements is true concerning this allocation?


A) Current expenses are chargeable to the remaindermen.
B) Extraordinary expenses are chargeable to the remaindermen.
C) Money paid for the use of trust property is chargeable to the remaindermen.
D) Any profit from the use of trust property is allocated to the remaindermen.

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