Bob Newton is a key employee of Information Solutions, Inc. (IS). Bob has been with IS since 1984 and is about to retire. IS has a very large key employee life insurance contract on Bob, and now that he is retiring, the company no longer needs it. Bob has lost his insurability and is no longer able to purchase life insurance. IS has a defined benefit plan, and Bob is considering a pension maximization strategy. Which of the following is the best choice to be the purchaser of the key employee life insurance contract?

A. Bob.

B. Bob’s children.

C. Bob’s intentionally defective grantor trust.

D. Bob’s wife.