Which of the following is true regarding a Grantor Retained Annuity Trust (GRAT)?

A. If the grantor survives the trust term, all of the trust assets are included in the grantor's estate.

B. At the end of the GRAT term, a taxable gift occurs.

C. If the grantor dies during the trust term, a pro rata portion of the trust assets are included in the grantor's estate.

D. Interest and dividends earned by assets in a GRAT are taxed to the grantor.