McGraw-Hill's Taxation of Individuals and Business Entities 3rd Edition by Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

تمرين 59

Paul is a widower with several grown children.He is considering transferring his residence into a trust for his children and retaining a life estate in it.Comment on whether this plan will prevent the value of the home from being included in Paul's gross estate when he dies.