true or false

9. When income is taxable to the grantor trust rules, the attorney who drafted the trust definitely made a mistake.

10. Which of the following is not a tax consequence associated with a defective trust?

a. The income tax is shared by the trust and the trust beneficiaries.

b. The Grantor is subject to income tax.

c. For gift tax purposes, a gift into this trust is complete.

d. The trust assets are removed from the Grantors estate