Amelia, a widow, is in the top marginal income tax bracket and has considerably more income than she can spend. She is considering creating a trust for the benefit of her son Jason but is reluctant to make it irrevocable, at least presently. If she funds a revocable trust that must distribute all of its income to Jason, will Jason be taxed on the income? How may this trust help reduce the size of Amelia’s gross estate?