Andrea, age 65, has an estate of $14,000,000 with $3,500,000 in a traditional IRA. She is married to her second husband, age 60. She has three children from a prior marriage whose ages range from 31 years to 42 years. She would like to take care of her surviving spouse after her death and preserve as much principal as possible for her children. What recommendation is the most tax efficient from the standpoint of both federal estate and income tax purposes? Formulas Tax Tables Solution Calculator A Leave her IRA to her children and create a qualified terminable interest property (QTIP) trust for her spouse funded with the remaining asset B Leave her IRA to her spouse and create a marital QTIP and bypass trust for her remaining assets Leave her IRA to a bypass trust that benefits her children and leave the remaining assets to a QTIP C trust D Withdraw the assets from her IRA and execute a Will with an optimal marital QTIP/applicable exclusion formula