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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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