Internal Revenue Service has provided, by means of eight revenue procedures, prototype declarations of trust that meet the requirements of forms of charitable remainder annuity trusts. Sample trusts with explanations of some of the provisions and annotations for some of their provisions....
To complete the remainder of the form, you must have the name and address of all organizations you made donations to, descriptions of all property, information on how you initially acquired the property, the amount you paid for each item and their respective values at the time of donation. ...
In one of this issue of the Journal's two columns on this important IRS ruling (see also Thomas F. Commito's Accounting & Taxation column, "IRS Addresses the 'Low Interest' Charitable Remainder Annuity Trust Problem" on page 12), we see how the IRS has opened up the charitable remainder...
Internal Revenue Service (IRS) to identify the sale of charitable remainder trust (CRT) interests as a transaction of interest. A sample of such a transaction involves a grantor who creates a CRT and contributes appreciated assets to it allowing him to retain an annuity or unitrust interest. ...
IRS identifies sale of charitable remainder trust interests as a transaction of interest.Beavers, James
Commito, Thomas F.
IRS permits NIMCRUT to invest in deferred annuities. (net income charitable remainder unitrust)Lee, Shirley K