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nevsk [136]
3 years ago
9

Todd irrevocably transfers property to a trust over which he retains an annuity payment each year equal to 6% of the initial fai

r market value of the property transferred to the trust. Todd designates the United Way as the remainder beneficiary. Which of the following statements concerning this transfer is true?
a. Todd can make an additional contribution to the trust in subsequent years.
b. Todd must inform the United Way of their right to the remainder of the trust s assets.
c. Todd will receive an income tax charitable deduction on his income tax return for the year in which the trust is formed.
d. The United Way can force Todd to transfer the present value of their interest to them immediately.
Business
1 answer:
evablogger [386]3 years ago
5 0

Answer: Todd can make an additional

contribution to the trust in subsequent year

Explanation:

He his at liberty to do this if willing.

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Answer: Option a

                                                 

Explanation: MNE refers to multinational enterprises, these organization are the one which operates their their business in several countries. Due to their world wide reach to the markets their scale of operations remains very high with a large number of shareholders.

These organisation usually have more than one form of business, they diversify their activities as a protection from different political or environmental factors in the countries in which they operate.

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To become an architect, you need six years of education. To become a physical therapist, you need two years of education. Which
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Enviro Company issues 8%, 10-year bonds with a par value of $230,000 and semiannual interest payments. On the issue date, the an
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Answer:

Cash proceeds is  $201,250.00  

Explanation:

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In the month of March, Ivanhoe Salon services 550 clients at an average price of $150. During the month, fixed costs were $26,88
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Answer:

Explanation:

Variable cost = 60% x $150 = $90

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Blue Nile is an online retailer of diamonds that has used responsive transportation to ship diamonds to customers in the United
maw [93]

Answer:

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