Simon creates a trust with income to Alvin for Alvin's life, then income to Simon for Simon's
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Question:
Simon creates a trust with income to Alvin for Alvin's life, then income to Simon for Simon's life, and a remainder to Brittany or Brittany's estate. Simon dies, predeceasing all other parties. What are the federal estate tax consequences for Simon as a result?
A. Only 52033 applies
B. Only 52036 applies
C. Only 52037 applies
D. Only 5 2041 applies
E. 2036 and 2038 both apply
F. No inclusion
Related Book For
South western Federal Taxation 2018 Corporations Partnerships Estates and Trusts
ISBN: 978-1337385985
41st edition
Authors: William H. Hoffman, William A. Raabe, James C. Young, Annette Nellen, David M. Maloney
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