X created a trust, income to D for life, remainder to R. D has an unlimited power

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X created a trust, income to D for life, remainder to R. D has an unlimited power to invade corpus for his own benefit.

Now, Assume D can exercise the power only with the consent of X. Is the property included in D's gross estate? Explain.

Posted Date: Dec 13, 2021 02:52 AM

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X created a trust, income to D for life, remainder to R. D has an unlimited power

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Ans Yes the property will be included in Ds gross estat... View the full answer

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