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  3. revocable living trusts ____________. a. become ir

Revocable living trusts ____________. A. Become irrevocable after the death of the grantor. B. Report...

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Accounting

Revocable living trusts ____________.

A. Become irrevocable after the death of the grantor.

B. Report income and deductions to the grantor on Schedule K-1.

C. Are generally created by will.

D. Are always categorized as complex trusts.

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