Question: 3. On January 2, 2000, Larry creates a trust with himself as trustee. Larry as trustee may distribute income and principal to Susie and Leon
3. On January 2, 2000, Larry creates a trust with himself as trustee. Larry as trustee may distribute income and principal to Susie and Leon to provide for their health, education, maintenance and support. Upon Larrys death, the remainder is distributed to Susie and Leon equally. Does Larrys power to distribute principal and income cause the trust to be grantor as to Larry under 671? Why or why not?
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