Buddy Crow places $725,000 in trust with income to Dixie Walker (age 66) for 12 years, and remainder to Molly Sue Hill (age 32). Buddy does not reserve any powers to alter, amend, revoke or terminate the trust. Calculate the amount of the gifts Buddy has made.
Pearl Birmingham places $1,645,000 in trust with income to Betty Sue Carter (age 33) and Jimmie Harley (age 35) for 35 years, remainder to Jed West (age 18). Pearl does not reserve any powers to alter, amen...
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