Write a letter in which you analyze the effect of an irrevocable trust on the gift tax and future estate taxes.

Write a letter in which you analyze the effect of an irrevocable trust on the gift tax and future estate taxes.Suggest other significant alternatives that the client could use both to reduce estate tax and to maximize potential advantages of the payment of gift taxes on transfers of property.Use the six (6) step tax research process, located in Chapter 1 and demonstrated in Appendix A of the textbook, to record your research for communications to the client.