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LIVING TRUST CHARITABLE REMAINDER - MyWillOnline

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The annuity amount shall be paid in ONE equal installment from trust income and to the extent income is not sufficient from principal* Trust income for a taxable year in excess of the annuity amount shall be added to principal* In determining the annuity amount my Trustee shall prorate this amount on a daily basis for any short taxable year of this trust including the taxable year of the recipient s death. SECTION 2 Incorrect payments If the net fair market value of the trust assets is incorr ...

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