Donald established an irrevocable trust on May 10, 2013 . The trust named his wife , Melinda , as trustee and named his daughter ; Daisy , as backup trustee The trust instrument contained the following Key provisions :" This trust is irrevocable . To the extent allowed by law , the assets in this trust shall not be subject to the beneficiaries ' liabilities or creditors and shall not be subject to assignment or anticipation by any beneficiary . During the lifetime of the grantor , the trustee may, in her sole discretion , distribute assets to or for the benefit of the spouse and'or children of the grantor to the extent that she deems appropriate for their health , education , maintenance and support . However , no distribution shall be made for the benefit of Melinda under this Paragraph without the express consent of at least one child or grandchild wild of the grantor .* During the first five years of the trust's existence , the trustee may , in her discretion , also use* trust income ( but not principal, for the benefit of Donald , the grantor . After five years shall have elapsed from the execution of this trust , this power she shall cease to exist and shall be null and void . After the death of the last to die of the grantor and his wife , the remaining trust assets , if any , shall be distributed to and among the children of the grantor , in equal shares , per stirpes . You may assume that the remaining provisions of the trust are fairly standard boilerplate* provisions and are not relevant to this question . On June 1 , 2014 , Donald transferred $ 2, 000 , 000 to this trust . Please answer the following questions regarding this trust : 1 ) 1 . How much ( if any, of the transfer is eligible for the gift tax marital deduction ?" Explain