James has a substantial net worth and wishes to decrease future estate taxes but still leave himself enough annual income to guarantee a comfortable retirement. He also believes in philanthropy. His financial advisor has drawn up an estate plan that includes a charitable remainder trust. The advisor has indicated that this trust will accomplish which of the following for James? Question 15Select one: a. Make a deferred gift to a charity while income payments from the trust are made over the beneficiary's life b. Provide a gift until after his death c. Avoid current income and taxes d. Manage a gift and allow a charity to receive the income