Mary a u.s. citizen owned 25 of the stock of floran, Ask an Expert

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Mary, a U.S. citizen owned 25% of the stock of Floran Corporation, an electing S corporation. At the time of her death, the Floran stock may go to all the following without affecting the S election except

a.her estate.

b.testamentary trust.

c.small business trust.

d.charitable remainder unitrust.

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Accounting Basics, Accounting

Category:- Accounting Basics
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