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During the current year, Don dies. His will leaves his entire estate to Ted as Trustee. Under the terms of the testamentary trust, Ted is

  1. During the current year, Don dies. His will leaves his entire estate to Ted as Trustee. Under the terms of the testamentary trust, Ted is instructed to distribute the income to Abe for Abes life. On Abes death the remainder is distributed to Bea if she survives Abe, and if not, then to Charlie or Charlies estate. In each of the following circumstances, determine if the designated person holds an interest in property which will be included in his or her estate under IRC 2033:
  1. Ted dies.
  2. Abe dies.
  3. Bea dies survived by Abe.
  4. Charlie dies, survived by Abe, but not Bea.
  5. Charlie dies survived by both Abe and Bea.

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