Tax

Tag: CH

  • Charitable Remainder Annuity Trust

    Charitable Remainder Annuity Trust means:a trust that is to pay its income beneficiary (or beneficiaries) a specific sum that is not less than 5% of the initial fair market value of all property placed in the trust. No contributions can be made to a charitable remainder annuity trust after the i…

  • Charitable Remainder Unitrust

    Charitable Remainder Unitrust means:a trust that is to pay its income beneficiary (or beneficiaries) a fixed percentage that is not less than 5% of the net fair market value of its assets (as valued annually). Additional contributions may be made to a charitable remainder unitrust after the init…

  • Charitable Trust

    Charitable Trust means:a trust originated in an effort to make one or more gifts to a charitable organization….

  • Church

    Church means:an organized body of worshippers; an association of churches. Former IRC (check if this IRC provision is current here) §7702(j)(3)(B). A church may apply for tax-exempt organization status, and charitable contributions …

  • Charitable Remainder Trust

    Charitable Remainder Trust Charitable Remainder Trust Accumulation and Distributions Schedules Character of Distributions in the Charitable Remainder Trust Accumulation and Distributions Schedules (Regulations Section 1.664-1, February 23, 2005 and Form 5227 instructions revised as of 12/20/2004) The income (both current and cumulative undistributed income) of a charitable remainder trust for purposes of determining the character…