Other articles from this issue Articles from other issues of Probate and Property Technology Probate Technology-Probate provides information on current technology and microcomputer software of interest in the probate and estate planning areas. Most other calculations and factors require either one of the software programs listed below or a special factor from the IRS National Office. Factors for charitable remainder annuity trusts or unitrusts for a term of years, for one or more lives or for the shorter of one or more lives and a term of years. Some programs also calculate a factor for the longer of one or more lives and a term of years. Factors for charitable lead annuity trusts or unitrusts for a term of years, for one or more lives or for the shorter of one or more lives and a term of years.
Some programs also calculate a factor for the longer of one or more lives and a term of years.
Programs specializing in charitable deduction calculations may also provide factors for pooled income funds. An income tax deduction is allowed for a charitable gift of a remainder interest in a personal residence or farm. The value of the buildings must be depreciated, however, and not all programs can combine the actuarial and depreciation calculations. Factors for grantor retained annuity trusts and unitrusts. Factors to value the remainder interest in a personal residence trust, including trusts in which the grantor has retained a right of reversion.