Anton creates an irrevocable trust for his children with a transfer of income-producing property and an insurance policy on the life of Celine, his wife. During the year, the trustee uses $4,800 of the trust income to pay the premiums on the policy covering Celine's life.  (Anton, Celine, children or the trust) is taxed on $4,800 of the trust's income.

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A:

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Q: conjugal property

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