When an individual dies, there is a deemed disposition of certain types of property. This would include property held by one type of trust for which the deceased taxpayer was a settlor. That type of trust is:

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Quizplus · Accepted Answer

An alter ego trust is a type of trust where the settlor is also the beneficiary during their lifetime, and upon their death, there is a deemed disposition of the trust's property for tax purposes.

When an Individual Dies, There Is a Deemed Disposition of Certain