Common use of Multiple attribution Clause in Contracts

Multiple attribution. (i) Applicable retained interests. If this section at- tributes an applicable retained interest to more than one individual in a class consisting of the transferor and one or more applicable family members, the interest is attributed within that class in the following order— (A) If the interest is held in a grantor trust, to the individual treated as the holder thereof; (B) To the transferor; (C) To the transferor’s spouse; or