Quentin wants to reduce his taxable estate by $5 million. He doesn't care about the income from the assets but wishes his children receive all the assets upon his death. He has a disdain for the government and does not want to pay any estate tax and as little income tax as possible. Which of the following should he choose?

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The Answer of Quentin wants to reduce his taxable estate by $5 million. He doesn't care about the income from the assets but wishes his children receive all the assets upon his death. He has a disdain for the government and does not want to pay any estate tax and as little income tax as possible. Which of the following should he choose?

Quentin Wants to Reduce His Taxable Estate by $5 Million