Wednesday, August 21, 2013

SOI Tax Stats - Split-Interest Trust Statistics

SOI Tax Stats - Split-Interest Trust Statistics: Split-interest trusts make distributions to both charitable and noncharitable beneficiaries, while providing tax benefits to their donor. All split-interest trusts must annually file Form 5227, Split-Interest Trust Information Return, to report financial activity and determine if they should be treated as a private foundation. Based on the method and timing of distributions, split-interest trusts are divided into the following four categories:

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