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1. Which of the following requirements apply to 2503(c) trusts? ,I. The beneficiary of the trust can be anyone. ,II. All trust income must be distributed to the trust beneficiary after age 18.,III. The trust income and trust principal must transfer to the beneficiary’s estate after age 21. ,A. II and III,B. III,C. All of the above. ,D. None of the above. ,