Tyler at age 56 has an aggressive-growth stock portfolio valued at $6 million. Tyler would like…

Tyler at age 56 has an aggressive-growth stock portfolio valued at $6 million. Tyler would like to remove this portfolio and its future appreciation from his gross estate and from his probate estate. He would like to gift the portfolio to his two daughters, but he is reluctant to do so because he wants some income for the next nine years that might provide him with a hedge against inflation. Tyler has made many taxable gifts to her children in the past and he is concerned about the amount of gift tax she would have to pay if he gifted the portfolio outright to his daughters today. What planning technique will meet Tyler’s objectives?

1. A charitable remainder unitrust
2. A grantor retained unitrust
3. A grantor retained income trust
4. A charitable lead unitrust