Internal Revenue Bulletin: 2005-34 |
August 22, 2005 |
Table of Contents
- Highlights of This Issue
- Preface
- Part I. Rulings and Decisions Under the Internal Revenue Code of 1986
- Part III. Administrative, Procedural, and Miscellaneous
- Rev. Proc. 2005-52
- SECTION 1. PURPOSE
- SECTION 2. BACKGROUND
- SECTION 3. SCOPE AND OBJECTIVE
- SECTION 4. SAMPLE INTER VIVOS CHARITABLE REMAINDER UNITRUST — ONE LIFE
- SECTION 5. ANNOTATIONS REGARDING SAMPLE INTER
VIVOS CHARITABLE REMAINDER UNITRUST — ONE LIFE
- .01 Annotations for Introductory Paragraph and Paragraph 1, Funding of Trust, of the Sample Trust.
- .02 Annotations for Paragraph 2, Payment of Unitrust Amount, of the Sample Trust.
- .03 Annotations for Paragraph 3, Proration of Unitrust Amount, of the Sample Trust.
- .04 Annotations for Paragraph 4, Distribution to Charity, of the Sample Trust.
- .05 Annotations for Paragraph 5, Additional Contributions, of the Sample Trust.
- .06 Annotations for Paragraph 6, Deferral of the Unitrust Payment Allocable to Testamentary Transfer, of the Sample Trust.
- .07 Annotations for Paragraph 7, Unmarketable Assets, of the Sample Trust.
- .08 Annotations for Paragraph 8, Prohibited Transactions, of the Sample Trust.
- SECTION 6. ALTERNATE PROVISIONS FOR SAMPLE INTER
VIVOS CHARITABLE REMAINDER UNITRUST — ONE LIFE
- .01 Payment of Part of the Unitrust Amount to an Organization Described in § 170(c).
- .02 Qualified Contingency.
- .03 Last Unitrust Payment to the Recipient.
- .04 Restricting the Charitable Remainderman to a Public Charity.
- .05 Retaining the Right to Substitute the Charitable Remainderman.
- .06 Power of Appointment to Designate the Charitable Remainderman.
- .07 Net Income Method of Calculating the Unitrust Amount.
- .08 Net Income with Make-up Method of Calculating the Unitrust Amount.
- .09 Combination of Methods for Calculating the Unitrust Amount.
- SECTION 7. EFFECT ON OTHER REVENUE PROCEDURES
- DRAFTING INFORMATION
- Rev. Proc. 2005-53
- SECTION 1. PURPOSE
- SECTION 2. BACKGROUND
- SECTION 3. SCOPE AND OBJECTIVE
- SECTION 4. SAMPLE INTER VIVOS CHARITABLE REMAINDER UNITRUST — TERM OF YEARS
- SECTION 5. ANNOTATIONS REGARDING SAMPLE INTER
VIVOS CHARITABLE REMAINDER UNITRUST — TERM OF YEARS
- .01 Annotations for Introductory Paragraph and Paragraph 1, Funding of Trust, of the Sample Trust.
- .02 Annotations for Paragraph 2, Payment of Unitrust Amount, of the Sample Trust.
- .03 Annotation for Paragraph 3, Proration of Unitrust Amount, of the Sample Trust.
- .04 Annotations for Paragraph 4, Distribution to Charity, of the Sample Trust.
- .05 Annotations for Paragraph 5, Additional Contributions, of the Sample Trust.
- .06 Annotations for Paragraph 6, Deferral of the Unitrust Payment Allocable to Testamentary Transfer, of the Sample Trust.
- .07 Annotations for Paragraph 7, Unmarketable Assets, of the Sample Trust.
- .08 Annotations for Paragraph 8, Prohibited Transactions, of the Sample Trust.
- SECTION 6. ALTERNATE PROVISIONS FOR SAMPLE INTER
VIVOS CHARITABLE REMAINDER UNITRUST — TERM OF YEARS
- .01 Payment of Part of the Unitrust Amount to an Organization Described in § 170(c).
- .02 Apportionment of the Unitrust Amount Among Members of a Named Class in the Discretion of the Trustee.
- .03 Qualified Contingency.
- .04 Restricting the Charitable Remainderman to a Public Charity.
- .05 Retaining the Right to Substitute the Charitable Remainderman.
- .06 Power of Appointment to Designate the Charitable Remainderman.
- .07 Net Income Method of Calculating the Unitrust Amount.
- .08 Net Income with Make-up Method of Calculating the Unitrust Amount.
- .09 Combination of Methods for Calculating the Unitrust Amount.
- DRAFTING INFORMATION
- Rev. Proc. 2005-54
- SECTION 1. PURPOSE
- SECTION 2. BACKGROUND
- SECTION 3. SCOPE AND OBJECTIVE
- SECTION 4. SAMPLE INTER VIVOS CHARITABLE REMAINDER UNITRUST — TWO LIVES, CONSECUTIVE INTERESTS
- SECTION 5. ANNOTATIONS REGARDING SAMPLE INTER
VIVOS CHARITABLE REMAINDER UNITRUST — TWO LIVES, CONSECUTIVE INTERESTS
- .01 Annotations for Introductory Paragraph and Paragraph 1, Funding of Trust, of the Sample Trust.
- .02 Annotations for Paragraph 2, Payment of Unitrust Amount, of the Sample Trust.
- .03 Annotation for Paragraph 3, Payment of Federal Estate Taxes and State Death Taxes, of the Sample Trust.
- .04 Annotations for Paragraph 4, Proration of Unitrust Amount, of the Sample Trust.
- .05 Annotations for Paragraph 5, Distribution to Charity, of the Sample Trust.
- .06 Annotations for Paragraph 6, Additional Contributions, of the Sample Trust.
- .07 Annotations for Paragraph 7, Deferral of the Unitrust Payment Allocable to Testamentary Transfer, of the Sample Trust.
- .08 Annotations for Paragraph 8, Unmarketable Assets, of the Sample Trust.
- .09 Annotations for Paragraph 9, Prohibited Transactions, of the Sample Trust.
- SECTION 6. ALTERNATE PROVISIONS FOR SAMPLE INTER
VIVOS CHARITABLE REMAINDER UNITRUST — TWO LIVES, CONSECUTIVE INTERESTS
- .01 Payment of Part of the Unitrust Amount to an Organization Described in § 170(c).
- .02 Qualified Contingency.
- .03 Retaining the Right to Revoke the Interest of the Successor Recipient.
- .04 Last Unitrust Payments to the Recipients.
- .05 Restricting the Charitable Remainderman to a Public Charity.
- .06 Retaining the Right to Substitute the Charitable Remainderman.
- .07 Power of Appointment to Designate the Charitable Remainderman.
- .08 Net Income Method of Calculating the Unitrust Amount.
- .09 Net Income with Make-up Method of Calculating the Unitrust Amount.
- .10 Combination of Methods for Calculating the Unitrust Amount.
- SECTION 7. EFFECT ON OTHER REVENUE PROCEDURES
- DRAFTING INFORMATION
- Rev. Proc. 2005-55
- SECTION 1. PURPOSE
- SECTION 2. BACKGROUND
- SECTION 3. SCOPE AND OBJECTIVE
- SECTION 4. SAMPLE INTER VIVOS CHARITABLE REMAINDER UNITRUST — TWO LIVES, CONCURRENT AND CONSECUTIVE INTERESTS
- SECTION 5. ANNOTATIONS REGARDING SAMPLE INTER
VIVOS CHARITABLE REMAINDER UNITRUST — TWO LIVES, CONCURRENT AND CONSECUTIVE
INTERESTS
- .01 Annotations for Introductory Paragraph and Paragraph 1, Funding of Trust, of the Sample Trust.
- .02 Annotations for Paragraph 2, Payment of Unitrust Amount, of the Sample Trust.
- .03 Annotation for Paragraph 3, Payment of Federal Estate Taxes and State Death Taxes, of the Sample Trust.
- .04 Annotations for Paragraph 4, Proration of Unitrust Amount, of the Sample Trust.
- .05 Annotations for Paragraph 5, Distribution to Charity, of the Sample Trust.
- .06 Annotations for Paragraph 6, Additional Contributions, of the Sample Trust.
- .07 Annotations for Paragraph 7, Deferral of the Unitrust Payment Allocable to Testamentary Transfer, of the Sample Trust.
- .08 Annotations for Paragraph 8, Unmarketable Assets, of the Sample Trust.
- .09 Annotations for Paragraph 9, Prohibited Transactions, of the Sample Trust.
- SECTION 6. ALTERNATE PROVISIONS FOR SAMPLE INTER
VIVOS CHARITABLE REMAINDER UNITRUST — TWO LIVES, CONCURRENT AND CONSECUTIVE
INTERESTS
- .01 Payment of Part of the Unitrust Amount to an Organization Described in § 170(c).
- .02 Qualified Contingency.
- .03 Retaining the Right to Revoke the Interest of the Survivor Recipient.
- .04 Last Unitrust Payments to the Recipients.
- .05 Restricting the Charitable Remainderman to a Public Charity.
- .06 Retaining the Right to Substitute the Charitable Remainderman.
- .07 Power of Appointment to Designate the Charitable Remainderman.
- .08 Net Income Method of Calculating the Unitrust Amount.
- .09 Net Income with Make-up Method of Calculating the Unitrust Amount.
- .10 Combination of Methods for Calculating the Unitrust Amount.
- SECTION 7. EFFECT ON OTHER REVENUE PROCEDURES
- DRAFTING INFORMATION
- Rev. Proc. 2005-56
- SECTION 1. PURPOSE
- SECTION 2. BACKGROUND
- SECTION 3. SCOPE AND OBJECTIVE
- SECTION 4. SAMPLE TESTAMENTARY CHARITABLE REMAINDER UNITRUST — ONE LIFE
- SECTION 5. ANNOTATIONS REGARDING SAMPLE TESTAMENTARY
CHARITABLE REMAINDER UNITRUST — ONE LIFE
- .01 Annotations for Introductory Paragraph of the Sample Trust.
- .02 Annotations for Paragraph 1, Payment of Unitrust Amount, of the Sample Trust.
- .03 Annotations for Paragraph 2, Deferral Provision, of the Sample Trust.
- .04 Annotations for Paragraph 3, Proration of Unitrust Amount, of the Sample Trust.
- .05 Annotations for Paragraph 4, Distribution to Charity, of the Sample Trust.
- .06 Annotations for Paragraph 6, Unmarketable Assets, of the Sample Trust.
- .07 Annotations for Paragraph 7, Prohibited Transactions, of the Sample Trust.
- SECTION 6. ALTERNATE PROVISIONS FOR SAMPLE TESTAMENTARY
CHARITABLE REMAINDER UNITRUST — ONE LIFE
- .01 Payment of Part of the Unitrust Amount to an Organization Described in § 170(c).
- .02 Qualified Contingency.
- .03 Last Unitrust Payment to the Recipient.
- .04 Power of Appointment to Designate the Charitable Remainderman.
- .05 Net Income Method of Calculating the Unitrust Amount.
- .06 Net Income with Make-up Method of Calculating the Unitrust Amount.
- .07 Combination of Methods for Calculating the Unitrust Amount.
- SECTION 7. EFFECT ON OTHER REVENUE PROCEDURES
- DRAFTING INFORMATION
- Rev. Proc. 2005-57
- SECTION 1. PURPOSE
- SECTION 2. BACKGROUND
- SECTION 3. SCOPE AND OBJECTIVE
- SECTION 4. SAMPLE TESTAMENTARY CHARITABLE REMAINDER UNITRUST — TERM OF YEARS
- SECTION 5. ANNOTATIONS REGARDING SAMPLE TESTAMENTARY
CHARITABLE REMAINDER UNITRUST — TERM OF YEARS
- .01 Annotations for Introductory Paragraph of the Sample Trust.
- .02 Annotations for Paragraph 1, Payment of Unitrust Amount, of the Sample Trust.
- .03 Annotations for Paragraph 2, Deferral Provision, of the Sample Trust.
- .04 Annotations for Paragraph 3, Proration of Unitrust Amount, of the Sample Trust.
- .05 Annotations for Paragraph 4, Distribution to Charity, of the Sample Trust.
- .06 Annotations for Paragraph 6, Unmarketable Assets, of the Sample Trust.
- .07 Annotations for Paragraph 7, Prohibited Transactions, of the Sample Trust.
- SECTION 6. ALTERNATE PROVISIONS FOR SAMPLE TESTAMENTARY
CHARITABLE REMAINDER UNITRUST — TERM OF YEARS
- .01 Payment of Part of the Unitrust Amount to an Organization Described in § 170(c).
- .02 Apportionment of the Unitrust Amount Among Members of a Named Class in the Discretion of the Trustee.
- .03 Qualified Contingency.
- .04 Power of Appointment to Designate the Charitable Remainderman.
- .05 Net Income Method of Calculating the Unitrust Amount.
- .06 Net Income with Make-up Method of Calculating the Unitrust Amount.
- .07 Combination of Methods for Calculating the Unitrust Amount.
- DRAFTING INFORMATION
- Rev. Proc. 2005-58
- SECTION 1. PURPOSE
- SECTION 2. BACKGROUND
- SECTION 3. SCOPE AND OBJECTIVE
- SECTION 4. SAMPLE TESTAMENTARY CHARITABLE REMAINDER UNITRUST — TWO LIVES, CONSECUTIVE INTERESTS
- SECTION 5. ANNOTATIONS REGARDING SAMPLE TESTAMENTARY
CHARITABLE REMAINDER UNITRUST — TWO LIVES, CONSECUTIVE INTERESTS
- .01 Annotations for Introductory Paragraph of the Sample Trust.
- .02 Annotations for Paragraph 1, Payment of Unitrust Amount, of the Sample Trust.
- .03 Annotations for Paragraph 2, Deferral Provision, of the Sample Trust.
- .04 Annotations for Paragraph 3, Proration of Unitrust Amount, of the Sample Trust.
- .05 Annotations for Paragraph 4, Distribution to Charity, of the Sample Trust.
- .06 Annotations for Paragraph 6, Unmarketable Assets, of the Sample Trust.
- .07 Annotations for Paragraph 7, Prohibited Transactions, of the Sample Trust.
- SECTION 6. ALTERNATE PROVISIONS FOR SAMPLE TESTAMENTARY
CHARITABLE REMAINDER UNITRUST — TWO LIVES, CONSECUTIVE INTERESTS
- .01 Payment of Part of the Unitrust Amount to an Organization Described in § 170(c).
- .02 Qualified Contingency.
- .03 Last Unitrust Payment to the Recipients.
- .04 Power of Appointment to Designate the Charitable Remainderman.
- .05 Net Income Method of Calculating the Unitrust Amount.
- .06 Net Income with Make-up Method of Calculating the Unitrust Amount.
- .07 Combination of Methods for Calculating the Unitrust Amount.
- SECTION 7. EFFECT ON OTHER REVENUE PROCEDURES
- DRAFTING INFORMATION
- Rev. Proc. 2005-59
- SECTION 1. PURPOSE
- SECTION 2. BACKGROUND
- SECTION 3. SCOPE AND OBJECTIVE
- SECTION 4. SAMPLE TESTAMENTARY CHARITABLE REMAINDER UNITRUST — TWO LIVES, CONCURRENT AND CONSECUTIVE INTERESTS
- SECTION 5. ANNOTATIONS REGARDING SAMPLE TESTAMENTARY
CHARITABLE REMAINDER UNITRUST — TWO LIVES, CONCURRENT AND CONSECUTIVE
INTERESTS
- .01 Annotations for Introductory Paragraph of the Sample Trust.
- .02 Annotations for Paragraph 1, Payment of Unitrust Amount, of the Sample Trust.
- .03 Annotations for Paragraph 2, Deferral Provision, of the Sample Trust.
- .04 Annotations for Paragraph 3, Proration of Unitrust Amount, of the Sample Trust.
- .05 Annotations for Paragraph 4, Distribution to Charity, of the Sample Trust.
- .06 Annotations for Paragraph 6, Unmarketable Assets, of the Sample Trust.
- .07 Annotations for Paragraph 7, Prohibited Transactions, of the Sample Trust.
- SECTION 6. ALTERNATE PROVISIONS FOR SAMPLE TESTAMENTARY
CHARITABLE REMAINDER UNITRUST — TWO LIVES, CONCURRENT AND CONSECUTIVE
INTERESTS
- .01 Payment of Part of the Unitrust Amount to an Organization Described in § 170(c).
- .02 Qualified Contingency.
- .03 Last Unitrust Payment to the Recipients.
- .04 Power of Appointment to Designate the Charitable Remainderman.
- .05 Net Income Method of Calculating the Unitrust Amount.
- .06 Net Income with Make-up Method of Calculating the Unitrust Amount.
- .07 Combination of Methods for Calculating the Unitrust Amount.
- SECTION 7. EFFECT ON OTHER REVENUE PROCEDURES
- DRAFTING INFORMATION
- Rev. Proc. 2005-52
- Definition of Terms and Abbreviations
- Numerical Finding List
- Effect of Current Actions on Previously Published Items
- How to get the Internal Revenue Bulletin
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