1. Define the term relating to a trust, including: grantor, trustee, beneficiaries, life estate, remainder interest.

1. what's the difference between a revocable trust and an irrevocable trust.

1. what is the tax consequences of an irrevocable trust.

1. what is the provisions of a spendthrift trust.

1. what is the distributable net income concept.

1. When is a trust deemed to be a grantor trust?

1. When beneficiaries receive assets, how is basis determined?

1. what is the concept of IRD. How is IRD taxed?

1. Since the estate tax marital deduction is unlimited, is it always advisable to use it?

1. Does a non-citizen spouse enjoy the same rights as a citizen spouse? If not, what options are available?