Question: In 2 0 2 2 , Natalie transferred $ 5 0 0 , 0 0 0 of bonds to a revocable trust with directions to
In Natalie transferred $ of bonds to a revocable trust with directions to the trustee to pay income to her aunt for five years, after which the corpus is to be distributed to Natalie's niece. At yearend, the trustee paid $ of income to the aunt. Which of the following is a true statement?
Multiple Choice
Natalie has made a complete gift of $
Natalie has made a taxable gift of $
Natalie has not made a complete gift because the trust is revocable.
Natalie has made a taxable gift of $
None of the choices are correct.
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