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B transfers property to T in an irrevocable trust, life estate to D, remainder to X. Under the Terms of the trust D is entitled
B transfers property to T in an irrevocable trust, life estate to D, remainder to X. Under the
Terms of the trust D is entitled to require T to pay him any of the trust corpus that D needs for his support or comfort. D dies without ever exercising the power. Would the corpus be?
A.No, because D holds a special power of appointment.
B. No,because D's power is limited by an ascertainable standard.
C.No, because D never exercised the power of appointment.
D. Yes, because D holds a general power of appointment.
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