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The corpus of a trust is the body of property for which the trustee is responsible as opposed to the interest or income therefrom.

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15y ago

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What is trust corpus?

the body of a trust. contents of trust.


In a trust Is net capital loss is allocated corpus?

In a trust, net capital losses are generally not allocated to the corpus; instead, they are typically retained within the trust to offset future capital gains. Trusts can utilize losses to reduce taxable income, but the specifics can depend on the trust's structure and the jurisdiction's tax laws. It's advisable for trustees to consult with a tax professional to ensure compliance and optimal tax strategy.


What connects two cerebral hemispheres together?

The corpus callosum


What is corpus plural or singular?

The singular form of "corpus" is "corpus" and the plural form is "corpora."


Where is corpus christi?

Corpus Christi is in Texas


What is the birth name of Brian Corpus?

Brian Corpus's birth name is Brian Keala Corpus.


What part of the brain is cut out in the split brain patients?

Corpus callosum


What is the Meaning of prefix corpus?

The meaning of Corpus is "Body."


Where is the Corpus Christi Public Libraries in Corpus Christi located?

The address of the Corpus Christi Public Libraries is: 805 Comanche St, Corpus Christi, 78401 2715


Can a trustee obtain a second mortgage under an irrevocable trust if the grantor is now deceased?

The trustee must always look to the trust to determine what powers the trustee has in managing the trust property. All the powers of the trustee are set forth in the trust. If the power to mortgage the trust property is not included then a judge would need to make that possible. You should speak with an attorney who can review your situation and determine what your options are.


What requires the police to bring a prisoner before the court and explain why he should not be released?

A Writ of Habeus Corpus. Habeus Corpus can be used to question the authority of anyone who is detaining a person.


What is the birth name of Jesse Corpus III?

Jesse Corpus III's birth name is Jesus Corpus III.