Cassidy Cryogenic creates an irrevocable trust, funding it with assets worth $500,000. According to the terms of the trust, Cassidy will receive all the income from the trust during her life, with a remainder to her daughter Marissa. At the time of the creation of the trust, Cassidy was 53 years old, and 120 percent of the AFR was 8 percent. Thus, the single life remainder factor is .19151. What are the transfer tax consequences of this transaction to Cassidy? How does your answer change if Marissa is her niece?