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31. Donny is wealthy. Donny's much younger wife, Wendy, is independently wealthy. Donny's kid, Kyle, from Donny's first marriage to Wanda is kind of a
31. Donny is wealthy. Donny's much younger wife, Wendy, is independently wealthy. Donny's kid, Kyle, from Donny's first marriage to Wanda is kind of a slacker. Donny has a will. Donny's will sets up a trust that makes annual distributions of income from the trust to Kyle. When Kyle dies, the trust is distributed to Wendy or Wendy's estate. This is an example of a terminable interest
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