THE POWER TO ADJUST AND THE UNITRUST- - Leimberg

Situation 4. Mother's will leaves an annuity for five years to Jane, a former household employee, and pours the residue over to revocable trust created by Mother and funded during her life with all of her portfolio assets. Trust assets are distributable outright to Children. Executor and Trustee decide not to make the election under section 645. ................
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