LO.6 In 2007, Peggy, a widow, places $3 million in trust, life estate to her children, remainder to her grandchildren, but retains the right to revoke the trust. In 2013, when the trust is worth $3.1 million, Peggy rescinds her right to revoke the trust. Peggy dies in 2015 when the trust is worth $3.2 million. What are Peggys transfer tax consequences in:

a. 2007? b. 2013? c. 2015?