Joseph Grant's will provided that $1 million was to be placed in trust for his son, Steven, for life, with a remainder to Steven’s children per stirpes.

What are the estate tax consequences to Steven's estate if the trust instrument provides the following:

a. All trust income must be distributed to Steven quarterly.
Steven is to be trustee.

c. Steven may appoint the trust property to anyone he chooses during life and by will, except to himself, his estate, or the creditors of either.

d. Steven may invade corpus to whatever extent necessary for his support and maintenance in his accustomed mode of living, as well as for his health and education.

e. Steven may withdraw from the principal the greater of $5,000 or five percent of the trust each year on a noncumulative basis.

f. Is any transfer tax possible upon Steven's death?