Question 2 Example: Let's visit Donald and Margie Rivers. They have a combined wealth of $13 million. in January of 2016, Donald Rivers dies. When he dies, $11.4 million of the assets are Donald's. This portion of the trust will be funded with $5.970,000. This amount of money is the irrevocable portion of the trust and not subject to estate taxes- upon Donald's death, taking full advantage of his estate tax credit. This amount is arrived at by taking the amount Donald had at his death, $11.4 million and subtracting the $5,430,000 of the estate tax exemption. This is an example of