Bill is married to Ida and the couple has a daughter Ressa. Bill is establishing an irrevocable trust with Ida and Ressa as beneficiaries. Ida will receive income for life from the trust and Ressa will receive the remainder interest. What provision can Bill include in the trust that would permit him to take a gift tax marital deduction for the assets transferred into the trust?

1. A sprinkling provision that allows the trustee to distribute income to Ida and Ressa in unequal amounts.
2. A 5-and-5 power given to Ida to withdraw additional funds from the trust as needed.
3. A general power of appointment that permits Ida to appoint trust property to her creditors at her death.
4. A special power of appointment given to Ida to appoint trust income to Ressa.

More Info:

1. The annual exclusion for gift taxes in 2019 and 2020 is $15,000.
2. The applicable lifetime exclusion amount for gift and estate taxes for years 2014 to 2020 is:

Period	Basic Exclusion Amount	Credit Equivalent
2014	$5,340,000	$2,081,800
2015	$5,430,000	$2,117,800
2016	$5,450,000	$2,125,800
2017	$5,490,000	$2,141,800
2018	$11,180,000	$4,417,800
2019	$11,400,000	$4,505,800
2020	$11,580,000	$4,577,800

3. The unified credit amount in 2020 is $4,577,800.
4. Tax table for gift and estate taxes for tax periods 2014 to 2020:

Column A Taxable amount over	Column B Taxable amount not over	Column C Tax on amount in Column A	Column D Rate of tax on excess over amount in Column A
$0	$10,000	$0	18%
$10,000	$20,000	$1,800	20%
$20,000	$40,000	$3,800	22%
$40,000	$60,000	$8,200	24%
$60,000	$80,000	$13,000	26%
$80,000	$100,000	$18,200	28%
$100,000	$150,000	$23,800	30%
$150,000	$250,000	$38,800	32%
$250,000	$500,000	$70,800	34%
$500,000	$750,000	$155,800	37%
$750,000	$1,000,000	$248,300	39%
$1,000,000	----	$345,800	40%