Business, 31.03.2020 02:58 theday2278
"Ali was one of several beneficiaries of an irrevocable trust created by his grandmother. Ali was given the right to withdraw the greater of $5,000 or 5% of the trust corpus each year. Ali withdrew $100,000 from the trust the day before he died. The value of the trust was $2 million. What amount subject to the withdrawal was included in Ali s gross estate? "
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