$23$

Through her will, Amelia transferred her rental property to a testamentary trust with her husband, Charles, named as income beneficlary for the duration of his lifetime. She also named her children, Miranda and Matthew, as capital beneficiaries of the property upon Charles' death. Which of the following statements is FALSE?

a$)$ Charles is entitled to receive all of the income generated by the rental property.

b$)$ After Charles dies, Miranda and Matthew will receive the income generated by the rental property.

c$)$ Upon the death of Charles, ownership of the rental property will be passed to Miranda and Matthew.

d$)$ Charles can sell the rental property and share the proceeds with Miranda and Matthew.