The Rivendell Family Trust is a discrevionary trust with four beneficiaries Dillinger, Escort, Fred, and George. - Dillinger is 22 years old and works full time - Escort is 17 years old and is full time at school - Fred is 17 years old and works full time and does not intend to return to school ever - George is 30 and declared insane Dillinger and Escort are each entitled to 20% of the income from the trust. Fred is entitled to 15% of the income of the trust. George is entitled to 30% of the income from the trust Using your answers form Question 9 and using the table provided below: 1. For each beneficiary AND the residue determine whether they are: a) presently entitled, and b) under a legal disability (5 marks) 2. For each beneficiary AND the residue determine whether the beneficiary or the trustee will pay the tax with reference to the relevant section ( 3 mark 3. Calculate the total amount of tax payable by the trustee (4 marks) IGNORE MEDICARE LEVY AND ANY TAX OFFSETS Create the following table in the answer section to assist your answer for parts 1 and 2 Note: - you will need to copy (Windows: Ctrl+C/Mac: Command + C) the below template answer table - then paste (Windows: Ctrl+V / Mac: Command + V) into the answer box, and input your answer The Rivendell Family Trust is a discrevionary trust with four beneficiaries Dillinger, Escort, Fred, and George. - Dillinger is 22 years old and works full time - Escort is 17 years old and is full time at school - Fred is 17 years old and works full time and does not intend to return to school ever - George is 30 and declared insane Dillinger and Escort are each entitled to 20% of the income from the trust. Fred is entitled to 15% of the income of the trust. George is entitled to 30% of the income from the trust Using your answers form Question 9 and using the table provided below: 1. For each beneficiary AND the residue determine whether they are: a) presently entitled, and b) under a legal disability (5 marks) 2. For each beneficiary AND the residue determine whether the beneficiary or the trustee will pay the tax with reference to the relevant section ( 3 mark 3. Calculate the total amount of tax payable by the trustee (4 marks) IGNORE MEDICARE LEVY AND ANY TAX OFFSETS Create the following table in the answer section to assist your answer for parts 1 and 2 Note: - you will need to copy (Windows: Ctrl+C/Mac: Command + C) the below template answer table - then paste (Windows: Ctrl+V / Mac: Command + V) into the answer box, and input your