Under which of the following circumstances is trust property with an independent trustee includible in the grantor's gross estate?

A. The trust is revocable.
B. The trust is established for a minor.
C. The trustee has the power to distribute trust income.
D. The income beneficiary disclaims the property, which then passes to the remainderman, the grantor's friend.

Answer: A. The trust is revocable.

Business

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