Glorietta Trust is an irrevocable discretionary trust funded by Grant Glorietta. The discretionary income beneficiary for life is Grant's son, Gordon Glorietta (single). Gordon is a partner in a partnership in which he materially participates, and he has a large basis in his partnership interest. For 2018, the trust had $50,000 of corporate bond interest, net of expenses, and no other income. It made no distributions to Gordon in 2018. Assume that it is now February 22, 2019, and Gordon has just learned that his share of loss from the partnership will be $72,000. Gordon has other income for 2018 of approximately $52,000. The trustee anticipates distributing $40,000 cash to Gordon before the end of February. For the next few years, Gordon estimates his marginal tax rate will be 22%. He claims the standard deduction and files as a single individual. Discuss a tax saving opportunity presented by this scenario. Also show a comparative analysis of the alternatives.