Could you please advice on the following questions?

Week 3 Assignment 1: Practice Problems Page 595, problem #5 On January 1 of Year 1, X transfers $200,000 to an irrevocable trust. The income is payable to D for life and the remainder is payable to B. D has the noncumulative power to withdraw $22,000 from corpus each year (if D has not exercised the power by the end of the year, the power for that year terminates, but a new power exists for the succeeding year). D never exercised the power during his life, and died in Year 2. What are the gift and estate tax consequences if: a. The value of the trust corpus at all times was $200,000? b. The value of the trust on January 1 of Year 2 was $200,000 and on the date of D's death the value was $300,000? c. The value of the trust on January 1 of Year 2 was $200,000 and on the date of D's death the value was $100,000? Page 609, problems #1 and 2 1. S transfers property to an irrevocable trust. The income is payable to A for life and remainder is payable to B. D has an inter vivos power to appoint the remainder (effective after his death) to someone other than A or B. D dies survived by A and. B What are the estate and gift tax consequences if: a. D dies having failed to exercise the power? Consider Treasury Regulation 20.2041-1(b)(3). b. Four years before his death, D appoints irrevocably the remainder to C? c. One year before his death, D releases the power? Consider 2035(a)(2). d. What is the estate tax consequence of D paying gift taxes on the exercise of the power in (b) and (c)? 2. X transfers property to an irrevocable trust. The income is payable to Y and the remainder is payable to Z. Y has the power to invade corpus for either of the trust beneficiaries. Y exercises the power to distribute $50,000 each to Y and Z. a. How many gifts are subject to the tax? b. What would be the estate tax consequences if Y dies without having exercised the power? Page 436-437, problem #2 2. S creates a trust. The income was payable to A for life and the remainder is distributable to B. S retains the right to revoke the trust with her husband's, H's, consent. a. What are the gift and income tax consequences of establishing the trust? b. Would the answer in (a) change if H had a legal obligation to support A or B? c. If S dies during the life of A, will any part of the trust be includable in her gross estate? Page 459, only problem on page S establishes an irrevocable lifetime trust, income payable to A for life, remainder to B. S retains \"in a non-fiduciary capacity, the power, which, in accordance with his personal preferences, he may or may not exercise, to invade [459/460]corpus for the health, education or support of A.\" Has S made any completed gifts? See Reg.25-2511-(c) (\"A gift is also incomplete if and to the extent that a reserved power gives the donor the power to name new beneficiaries or to change the interests of the beneficiaries as between themselves unless the power is a fiduciary power limited by a fixed or ascertainable standard.\") Page 478-479, problem #1 1. D declares himself trustee of an irrevocable trust. Under the trust, income is payable to D's child, C, until C reaches age 30 at which time the trust is distributable to C. The trustee is given the power to invade corpus for C. Answer alternatively assuming that D and X are related, and are not related. a. What are the gift and estate tax consequences of the trust, assuming that D dies before C reaches age 30? b. How would the results in (a) differ if the trustee was instead given the power to accumulate income? c. How would the results in (a) and (b) differ if the respective powers were exercisable only for the health or education of C? d. How would the results in (a) and (b) differ if the powers were held by D and a bank as co-trustees? [479/480]e. What would be the tax results if D retained the power to invade the corpus for X