As a funding strategy, what allows for a child to receive annual gift tax exclusion?

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As a funding strategy, Section 2053 (c) Minor's Trust allows a child to receive annual gift tax exclusion. This is a transferred trust property to be treated as a gift of a present interest to the child and so qualifies for the annual gift tax exclusion. The trust is used when 1) the granter's income tax bracket is high and the recipient's tax bracket is low and 2) the granter does not want an appreciating asset included in the gross estate. If income of the trust is distributed each year, it is taxable to the recipient. If income is accumulated, it is taxed to the trust. All of the trust property and accumulated income must be payable to the child when he or she reaches age 21.

As a Funding Strategy, What Allows for a Child to Receive