The following problems involve a transfer by D to the T trust, trustee, on the following alternative terms. What are the estate tax consequences upon D's death?
A) Income to D for life, remainder to A and B equally or to their estates.
B) Income to D for life, payable once a year on December 1, remainder to A or A's estate, provided that no part of the income accruing between the last December 1 payment and D's death shall be paid to D, but it shall be added to corpus.
C) Income to D for 15 years, remainder to B or B'S estate. D dies after 14 years.
D) Income to D for 15 years, remainder to B or B's estate. D dies after 17 years.
E) Income to A for life, then to D for life, remainder to B or B's estate. D predeceases A.
F) Income to W for life, remainder to D if living, otherwise to S if then living. D predeceases W and S.
G) Income to W for life, remainder to D if living, otherwise to S. D predeceases W and S.
H) Income to A for life, provided D does not direct payment to someone else, remainder to B if living, otherwise to A's state. D dies during A's lifetime.
I) Income to W for life, then to A or B for life as D may direct, remainder to Z. D predeceases W, A and B.
J) Income to A for life, remainder to B of B's estate. D reserves the right to instruct T to pay income to B. D predeceases A and B.
K) The first $100,000 of income to D, the income to A for life, remainder to B. D dies after payment of $90,000.
