Suppose you are a CPA, and your client has requested advice regarding establishing an irrecovable trust for his two (2) grandchildern. He wants the income from the trust paid to the childern for 20 years and the principal distributed to the childern at the end of the 20 years. Based on the above scenario, write one to two (1-2) page client letter analyzing: 1) The effect of an irrevocable trust on the gift tax and future estate taxes for your client. 2) Suggest other significant alternatives that your client could use both to reduce estate tax and to maximize potential advantages of the payment of gift taxse on transfers of property. 3) provide recommendation for your client.