Fill in the blanks with the correct term from the list of terms provided.Do not use any term more than once.
$\begin{array}{|l|l|}
\hline \text { A. } & \begin{array}{l}
\text { Specific properties of the trust are deemed to be sold and reacquired at their } \
\underline{\quad\quad},\text { realizing tax gains and losses on the deemed disposition. }
\end{array} \
\hline \text { B. } & \begin{array}{l}
\text { Capital properties (non-depreciable), land that is inventory, resource property, } \
\text { and } \underline{\quad\quad}\text { are deemed to have been disposed of on a trust's } 21 \text { st }\
\text { anniversary date. }
\end{array} \
\hline \text { C. } & \begin{array}{l}
\text { Properties can be transferred to the beneficiaries prior to the } 21^{\text {st }} \text { anniversary, at } \
\text { their }\underline{\quad\quad},\text { thereby deferring the tax effects. }
\end{array} \
\hline \text { D. } & \underline{\quad\quad}\text { (is/are) exempt from realizing a deemed disposition of the } \
&\text { properties at the first } 21 \text { Year anniversary. }\
\hline
\end{array}$

Question

Fill in the blanks with the correct term from the list of terms provided.Do not use any term more than once.
 $\begin{array}{|l|l|}
\hline \text { A. } & \begin{array}{l}
\text { Specific properties of the trust are deemed to be sold and reacquired at their } \
\underline{\quad\quad},\text { realizing tax gains and losses on the deemed disposition. }
\end{array} \
\hline \text { B. } & \begin{array}{l}
\text { Capital properties (non-depreciable), land that is inventory, resource property, } \
\text { and } \underline{\quad\quad}\text { are deemed to have been disposed of on a trust's } 21 \text { st }\
\text { anniversary date. }
\end{array} \
\hline \text { C. } & \begin{array}{l}
\text { Properties can be transferred to the beneficiaries prior to the } 21^{\text {st }} \text { anniversary, at } \
\text { their }\underline{\quad\quad},\text { thereby deferring the tax effects. } 
\end{array} \
\hline \text { D. } & \underline{\quad\quad}\text { (is/are) exempt from realizing a deemed disposition of the } \ 
 &\text { properties at the first } 21 \text { Year anniversary. }\
\hline
\end{array}$

Quizplus · Accepted Answer

The Answer of Fill in the blanks with the correct term from the list of terms provided.Do not use any term more than once.
 $\begin{array}{|l|l|}
\hline \text { A. } & \begin{array}{l}
\text { Specific properties of the trust are deemed to be sold and reacquired at their } \
\underline{\quad\quad},\text { realizing tax gains and losses on the deemed disposition. }
\end{array} \
\hline \text { B. } & \begin{array}{l}
\text { Capital properties (non-depreciable), land that is inventory, resource property, } \
\text { and } \underline{\quad\quad}\text { are deemed to have been disposed of on a trust's } 21 \text { st }\
\text { anniversary date. }
\end{array} \
\hline \text { C. } & \begin{array}{l}
\text { Properties can be transferred to the beneficiaries prior to the } 21^{\text {st }} \text { anniversary, at } \
\text { their }\underline{\quad\quad},\text { thereby deferring the tax effects. } 
\end{array} \
\hline \text { D. } & \underline{\quad\quad}\text { (is/are) exempt from realizing a deemed disposition of the } \ 
 &\text { properties at the first } 21 \text { Year anniversary. }\
\hline
\end{array}$

Fill in the Blanks with the Correct Term from the List