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The BEST AI Stocks to Invest In (Money Q&A)

The Personal Finance Podcast

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Understanding Management and Distribution of Trust Assets and Tax Considerations

This chapter delves into the responsibilities of a trustee in managing assets in a brokerage account, making investment decisions, and ensuring the trust aligns with its objectives. It also explains the tax implications of trusts on undistributed income, distributions to beneficiaries, and asset transfers into irrevocable trusts in relation to gift and estate taxes.

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