Darren wants to transfer property with a $400,000 FMV to an irrevocable trust with a bank as the trustee. Darren will name his distant cousin Emil to receive all of the trust income annually for the next six years. Then the property will revert to Darren. In the last few years, the income return (yield) on the property has been 6%. Assume this yield is not likely to decline and that the applicable rate from the actuarial tables is 4%.

a.	What will be the amount of Darren's gift to Emil?
b.	Would you recommend that Darren transfer the property yielding 6% to this type of a trust? Explain. If not, what type of property would you recommend that Darren transfer to the trust?