Estate planning

Michelle has an estate worth $20,000,000. She wants to avoid estate taxes as much as possible, so she transfers $9,000,000 into a revocable living trust for the benefit of her children. Which of the following statements is most correct?

A. The $9,000,000 will not be exempt from the estate tax even though it is in a trust on the day Michelle dies.

B. The transfer of the assets to the trust is an inter vivos taxable event as an adjustable taxable transfer.

C. The transfer of the assets to the trust will not be taxed if Michelle uses some of her unified credit to offset the tax.

D. If Michelle had transferred the $9,000,000 to an irrevocable trust, the value of the assets in the trust would not have been included in her estate at her death.

E. All of the above are true.