Marilyn and Earl Establish a Trust Benefiting Their Grandchild, Courtney

question 57

Multiple Choice

Marilyn and Earl establish a trust benefiting their grandchild, Courtney, age 4. Courtney is to receive the accumulated income and corpus when she reaches age 30. In the year of the transfer, Courtney has a two-week period in which to request distributions. This trust is a

• A)2503(c)trust.
• B)Clifford trust.
• C)Crummey trust.
• D)none of the above.

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