Register
Which of the following is not normally viewed as an adjustment to the principal of an estate? Multiple Choice Insurance expenses. Debts incurred prior to death. Dividends declared prior to death. Investment
7.0k views
2 votes
Which of the following is not normally viewed as an adjustment to the principal of an estate? Multiple Choice Insurance expenses. Debts incurred prior to death. Dividends declared prior to death. Investment commissions and other costs. Funeral expenses.

User Alexpopescu
by
4.5k points

1 Answer

3 votes

Answer:

Correct Answer:

E. Funeral expenses.

Step-by-step explanation:

Adjustment to the principal of an estate is a process which allow a trustee to make adjustments between income and principal over a given period of time. This income could be as a result of minor or major money earned as well as the debts incurred.

User Vitality
by
5.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.9m questions

7.7m answers

Other Questions

_____ reminds customers and clients that they made a good choice in selecting a company with which to do business, or it reminds them of the good qualities of their purchase.​
Demonstrate how binomial nomenclature is related to classification systems by identifying the genus name and the specific name of the domestic cat felis catus
The dark printed words on the page of a book are easily read because they are printed on a light ground. this is an example of the principle of ____________.
On august 1 the darius co. purchased a photocopy machine for $8,000. the estimated annual depreciation on the machine is $1,680. if the company prepares annual financial statements on december 31, the
When president obama was elected, the u.s. economy was in trouble, and has slid into a recession. consumer spending was low and getting worse. in an effort to stop the decline, president obama proposed
Link Copied!