Trevor contacts Shanae, his insurance agent, for advice regarding his universal life (UL) insurance policy. Trevor wife, Maria, is indicated as revocable beneficiary on the plan. The policy has a face value of $250,000 and an account value of $35,000. Trevor asks Shanae which of the following events could have potential tax consequences as either a deemed or actual policy disposition: Trevor changes the beneficiary from his wife Maria to his son Alberto. Trevor takes out a policy loan of $30,000. Trevor transfers ownership of the policy to his wife Maria. Trevor exercises his guaranteed insurability benefit rider and increases his face value by $50,000. a) i and ii b) i and iv c) ii and iii d) iii and iv