nm17
Level 1
ok thank you so much! Do you mind if I ask another question, just so I fully understand; I have been reading so much I think I just confused myself making it harder than it is.  Anyhow, I was getting stuck on the accounting income required to be distributed annually (for the simple trust).  So in the trust agreement where it says "The Trustees shall pay all of the net income of the trust to the Grantors for their lifetime" that satisfies the requirement for the accounting income to be distributed annually? I was so confused there I wasn't sure because it didn't specifically say how often, all though it seems like common sense, I wasn't sure if it meant the annual requirement.
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