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NEW QUESTION: 1
After having been divorced for several years, Mrs. Blended has remarried a man with three children of his own. She has set up a revocable trust in which she deposited funds that she inherited when her mother died, so that the monies will go uncontested to her two biological children in the event of her own death.
These two adult children are the only beneficiaries of the trust. Mrs. Blended has no plans to touch any of the money in the trust unless circumstances demand it in the future. The trust is invested in a mutual fund that paid $500 in dividend income and distributed $3,000 in long-term capital gain income to the trust this year.
Which of the following statements is true regarding the tax treatment of these distributions?
A. Mrs. Blended must pay taxes on the $3,500 in distributions.
B. Assuming her two adult children are equal beneficiaries, each one is responsible for paying tax on 50% of the income to the trust, or $1,750.
C. The distributions will not be taxed at this point; they will be taxed as part of the estate upon Mrs.
Blended's death.
D. The distributions will not be taxed at this point; they will be taxed only when Mrs. Blended or her beneficiaries make withdrawals from the trust.
Answer: A
Explanation:
Explanation/Reference:
Explanation: If Mrs. Blended established a revocable trust that invested in a mutual fund that distributed
$3,500 total in dividend and capital gain income this year, Mrs. Blended is responsible for paying taxes on the distributions. Whether or not any monies or assets are withdrawn from a revocable trust, the grantor of the trust-in this case, Mrs. Blended-- is responsible for any taxes due.

NEW QUESTION: 2
A user has created a VPC with CIDR 20.0.0.0/16 using the wizard. The user has created a public subnet CIDR (20.0.0.0/24. and VPN only subnets CIDR (20.0.1.0/24. along with the VPN gateway (vgw-12345. to connect to the user's data center. The user's data center has CIDR 172.28.0.0/12. The user has also setup a NAT instance (i-123456. to allow traffic to the internet from the VPN subnet. Which of the below mentioned options is not a valid entry for the main route table in this scenario?
A. Destination: 172.28.0.0/12 and Target: vgw-12345
B. Destination: 20.0.0.0/16 and Target: local
C. Destination:20.0.1.0/24 and Target: i-12345
D. Destination: 0.0.0.0/0 and Target: i-12345
Answer: C
Explanation:
The user can create subnets as per the requirementwithin a VPC. If the user wants to connect VPC from his own data center, he can setup a public and VPN only subnet which uses hardware VPN access to connect with his data center. When the user has configured this setup with Wizard, it will create a virtualprivate gateway to route all traffic of the VPN subnet. If the user has setup a NAT instance to route all the internet requests then all requests to the internet should be routed to it. All requests to the organization's DC will be routed to the VPN gateway.
Here are the valid entries for the main route table in this scenario:
Destination: 0.0.0.0/0 & Target: i-12345 (To route all internet traffic to the NAT Instance.
Destination: 172.28.0.0/12 & Target: vgw-12345 (To route all the organization's data center traffic to the VPN gateway.
Destination: 20.0.0.0/16 & Target: local (To allow local routing in VPC.

NEW QUESTION: 3
How can an administrator lock down access to the User Environment Manager management console?
A. By using theLock down access to VMware UEM Management Consolepolicy setting
B. By disabling access to the User Environment, Personalization, Condition Set, and Application Migration ribbons
C. By disabling the Configure ribbon button
D. By locking access to theVMware UEM Management ConsoleADMX template
Answer: A
Explanation:
Reference http://pubs.vmware.com/uem-91/index.jsp?topic=%2Fcom.vmware.user.environment.manager-adminguide%2FGUID-17CD9E09-C817-42BD-A56E-4C85C9879EB1.html