Taxes-by-Rocky
Level 7

I have to ask, really a completed gift, truly irrevocable, assets out of the estate, IDGT, or something else?

From your comments it appears that the grantor, (trustee?) and primary beneficiary are one and the same.  Thus, if you haven't, would highly recommend scrutinizing the trust agreement and related documents.  After all, we'd all love to get rid of our taxable income.