In 2010, Drow creates an irrevocable trust with $1,000,000 of securities Under the terms of the trust, Paulo (Drew's wife) is granted a ide ostale with Drew makes a QTIP election as to the trust. Drew dies in 2012 when the trust is worth $1,500,000, and Paula dies in 2022 when the trust is worth $2,0 following is a correct statement? OA The trust is included in Drew's gross estate when he dies in 2012 OB. None of the trust is included in Paula's gross estate when she des in 2022 OC. Drew does not get a marital deduction in 2010 OD. All of the value of the trust ($2,000,000) is included in Paula's gross estate when she dies in 2022

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Question 5
In 2010, Drew creates an irrevocable trust with $1,000,000 of securities. Under the terms of the trust, Paula (Drew's wife) is granted a life estate with r
Drew makes a QTIP election as to the trust. Drew dies in 2012 when the trust is worth $1,500,000, and Paula dies in 2022 when the trust is worth $2,0
following is a correct statement?
OA. The trust is included in Drew's gross estate when he dies in 2012
OB. None of the trust is included in Paula's gross estate when she dies in 2022
OC. Drew does not got a marital deduction in 2010
OD. All of the value of the trust ($2,000,000) is included in Paula's gross estate when she dies in 2022
Transcribed Image Text:Question 5 In 2010, Drew creates an irrevocable trust with $1,000,000 of securities. Under the terms of the trust, Paula (Drew's wife) is granted a life estate with r Drew makes a QTIP election as to the trust. Drew dies in 2012 when the trust is worth $1,500,000, and Paula dies in 2022 when the trust is worth $2,0 following is a correct statement? OA. The trust is included in Drew's gross estate when he dies in 2012 OB. None of the trust is included in Paula's gross estate when she dies in 2022 OC. Drew does not got a marital deduction in 2010 OD. All of the value of the trust ($2,000,000) is included in Paula's gross estate when she dies in 2022
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