Fred is a U.S. citizen. His wife, Christina, is a in the US on a K1 Visa. Fred died in 2019.

At the time of his death, he owned a life insurance policy on his life. It had a death benefit of $500,000 and cash value of $200,000. Christina is the beneficiary.

Fred, comes to you before he dies and says that he wants to make sure that Christina can receive his assets (which will exceed $16,000,000) when he dies and have the unlimited marital deduction or at least defer estate taxes until Christina dies. What estate planning recommendations do you make to Fred?