Question 12 4 pts Which of the following is eligible for the annual exclusion? Frank designates his daughter, Holly, beneficiary of his 401(k) plan in the event of his death. O Frank provides Jane with a special power of appointment over property. O Frank funds an irrevocable trust with $1.1 million for the benefit of his son. He is not the trustee. The terms of the trust allow income payout to the son at the discretion of the trustee, and the son is to receive the remainder on his 30th birthday O Frank funds an irrevocable life insurance trust with the amount necessary to pay the premiums of the policy. The beneficiaries can take a distribution equal to the contribution each year