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Rationality and Society http://rss.sagepub.com/Institutions and Trust: Implications for Preferences, Beliefs and Behavior Iris Bohnet and Yael Baytelman Rationality and Society 2007 19: 99 DOI: 10.1177/1043463107075110
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What is institutions and trust?
Institutions and trust refer to entities that hold assets on behalf of others, where the management and distribution of these assets are governed by a legal agreement or trust document.
Who is required to file institutions and trust?
Entities established as trusts or institutions that have taxable income or require formal tax filings are generally required to file for institutions and trust.
How to fill out institutions and trust?
To fill out institutions and trust, one must complete the specific tax forms associated with the entity type, providing details on income, deductions, and trust distributions as per IRS guidelines.
What is the purpose of institutions and trust?
The purpose of institutions and trust is to manage assets, protect beneficiaries, and ensure that trustor’s wishes regarding asset distribution are followed.
What information must be reported on institutions and trust?
Information that must be reported includes income, expenses, distributions to beneficiaries, trustee fees, and any capital gains or losses.
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