Which of the following statements concerning revocable trusts is correct?
A . The transfer of properly to a revocable trust is typically motivated by non tax reasons.
B . A transfer of property to a revocable trust is treated as a completed gift.
C . A transfer of income-producing properly to a revocable trust will result in favorable income tax treatment for the grantor.
D . Property of a revocable trust will be included in the grantor’s probate property.
Answer: A
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