ATTENTION: I PAY EVERY MONTH TO BE ABLE TO POSTQUESTIONS HERE. THEREFORE I EXPECT...

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Accounting

ATTENTION: I PAY EVERY MONTH TO BE ABLE TO POSTQUESTIONS HERE. THEREFORE I EXPECT COMPLETE AND QUALITY ANSWERS.PLEASE READ CAREFULLY WHAT IS REQUIRED AND GIVE A THOROUGH ANSWER .DO NOT COPY AND PASTE A SOLUTION THAT IS ALREADY POSTED BY SOMEONEELSE ON CHEGG. REFRAIN FROM ANSWERING IF YOU CANNOT FULFILL MYDEMAND, AND LEAVE IT FOR SOMEONE WHO CAN ANSWER IT. DON'T WASTE MYQUESTION AS THEY ARE LIMITED.

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Trusts

A. Draw a conclusion about the purpose for Target Corporation’strust based on the research of Target Corporation.

B. Why would a small business owner want to set up a trust andhow could it be used for estate planning purposes?

C. Evaluate the similarities and differences between trusts andcorporations. In an attempt to protect income, which would be mostsuitable for a company?

Answer & Explanation Solved by verified expert
4.2 Ratings (750 Votes)
AIn the United StatesTarget Corporations stand second in department store retailerIt comes next to Walmartand it is a component of the SP 500 IndexTarget Corporation is founded by George DaytonProducts of Target Corportion includebedding clothing and accessorieselectronicsbeauty and health productsfoodjewelrylawn and gardenpet suppliesshoessmall appliancestoysgamesTarget Corporations aims at fulfilling the needs of their customersIts purpose is to make Target the most preferred shopping destination in all fields by delivering standout valuescontinuous innovation in their products After researching On Target Corporation we came to conclusion they are having a large number of departmental retail stores which are diversified in many countriesThey are involved in a variety of productsThe main purpose for the Target Corporations Trust may be summarised below Target corporations wish to reduce their estate and gift taxes They wish to provide better protection to their assets from creditors and    See Answer
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In: AccountingATTENTION: I PAY EVERY MONTH TO BE ABLE TO POSTQUESTIONS HERE. THEREFORE I EXPECT COMPLETE...ATTENTION: I PAY EVERY MONTH TO BE ABLE TO POSTQUESTIONS HERE. THEREFORE I EXPECT COMPLETE AND QUALITY ANSWERS.PLEASE READ CAREFULLY WHAT IS REQUIRED AND GIVE A THOROUGH ANSWER .DO NOT COPY AND PASTE A SOLUTION THAT IS ALREADY POSTED BY SOMEONEELSE ON CHEGG. REFRAIN FROM ANSWERING IF YOU CANNOT FULFILL MYDEMAND, AND LEAVE IT FOR SOMEONE WHO CAN ANSWER IT. DON'T WASTE MYQUESTION AS THEY ARE LIMITED.ThanksTrustsA. Draw a conclusion about the purpose for Target Corporation’strust based on the research of Target Corporation.B. Why would a small business owner want to set up a trust andhow could it be used for estate planning purposes?C. Evaluate the similarities and differences between trusts andcorporations. In an attempt to protect income, which would be mostsuitable for a company?

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