1- A non- grantor charitable lead annuity trust requires an annual payment of $30,000 to the charitable lead beneficiary. The trustee, not having cash to make the payment, transfers appreciated stock having a fair market value of $30,000 and a cost basis of $10,000 from the trust to the charity to satisfy its payment obligation. What, if any, are the income tax consequences to the trust?

2- A taxpayer owns Apple stock that has appreciated from $100 per share to $1,000 per share. If the taxpayer dies owning this stock, will the taxpayers estate recognize any income if it sells Apple stock for $1,000 per share?

2a- What justification, if any, is there for the different results in questions 1 and 2?

3-. A taxpayer has an IRA that has $900 with his estate named as the primary beneficiary. The taxpayer dies estate, and his executor withdraws the $900 to pay estate expenses. Is this $900 taxable?