Determine the annual exclusion in each of the following unrelated scenarios:

Craig gives $14,000 in cash to each of his 10 children.

John gives $20,000 in cash to each of his 10 children.

Jay establishes a $1,000,000 insurance policy that will be paid equally to his 10 children upon his death.

Terrence has a $500,000 piece of real estate property in an irrevocable trust that will pay income to his 10 children at the discretion of the trustee