Vernon created a grantor trust with $1 Million. The trust will pay him $100,000 a year for the next 6 years with the remainder going to Greg, his life partner. When Vernon dies 8 years later, the trust is worth $300,000.

1. What amount will be included in Vernons GE?

2. What if instead of dying 8 years later and he died 4 years after the trust was created (leaving all other facts the same)?