Source: https://www.law.cornell.edu/cfr/text/26/20.2056(c)-3
Timestamp: 2017-05-27 08:18:27
Document Index: 547309281

Matched Legal Cases: ['art 20', '§ 20', '§ 20', '§ 20', '§ 20', '§ 20', '§ 2010', '§ 6060', '§ 6081', '§ 6109', '§ 6302', '§ 6695', '§ 7520', '§ 7805', 'art 20', 'art 20', 'art 20']

26 CFR 20.2056(c)-3 - Marital deduction; definition of “passed from the decedent to a person other than his surviving spouse”. | US Law | LII / Legal Information Institute
CFR › Title 26 › Chapter I › Subchapter B › Part 20 › Section 20.2056(c)-3 26 CFR 20.2056(c)-3 - Marital deduction; definition of “passed from the decedent to a person other than his surviving spouse”.
§ 20.2056(c)-3 Marital deduction; definition of “passed from the decedent to a person other than his surviving spouse”.
The expression “passed from the decedent to a person other than his surviving spouse” refers to any property interest which, under the definition stated in § 20.2056(c)-1 is considered as having “passed from the decedent” and which under the rules referred to in § 20.2056(c)-2 is not considered as having “passed from the decedent to his surviving spouse.” Interests which passed to a person other than the surviving spouse include interests so passing under the decedent's exercise, release, or nonexercise of a nontaxable power to appoint. It is immaterial whether the property interest which passed from the decedent to a person other than his surviving spouse is included in the decedent's gross estate. The term “person other than his surviving spouse” includes the possible unascertained takers of a property interest, as, for example, the members of a class to be ascertained in the future. As another example, assume that the decedent created a power of appointment over a property interest, which does not come within the purview of § 20.2056(b)-5 or § 20.2056(b)-6. In such a case, the term “person other than his surviving spouse” refers to the possible appointees and possible takers in default (other than the spouse) of such property interest. Whether or not there is a possibility that the “person other than his surviving spouse” (or the heirs or assigns of such person) may possess or enjoy the property following termination or failure of the interest therein which passed from the decedent to his surviving spouse is to be determined as of the time of the decedent's death.
[T.D. 6296, 23 FR 4529, June 24, 1958; 25 FR 14021, Dec. 31, 1960. Redesignated and amended by T.D. 8522, 59 FR 9654, Mar. 1, 1994]
This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.United States CodeU.S. Code: Title 26 - INTERNAL REVENUE CODE§ 2010 - Unified credit against estate tax§ 6060 - Information returns of tax return preparers§ 6081 - Extension of time for filing returns§ 6109 - Identifying numbers§ 6302 - Mode or time of collection§ 6695 - Other assessable penalties with respect to the preparation of tax returns for other persons§ 7520 - Valuation tables§ 7805 - Rules and regulations
Title 26 published on 05-May-2017 03:22The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 26 CFR Part 20 after this date.2016-09-02; vol. 81 # 171 - Friday, September 2, 201681 FR 60609 - Definition of Terms Relating to Marital Status
2012-03-30; vol. 77 # 62 - Friday, March 30, 201277 FR 19080 - Estate Tax; Estates of Decedents Dying After August 16, 1954
typeregulations.gov FR Doc.2012-7819 RIN DEPARTMENT OF THE TREASURY, Internal Revenue Service 26 CFR Part 20 Summary
2012-02-29; vol. 77 # 40 - Wednesday, February 29, 201277 FR - Gross Estate; Election to Value on Alternate Valuation Date; Hearing Cancellation
typeregulations.gov FR Doc.2012-4861 RIN1545-BH64 REG-112196-07 DEPARTMENT OF THE TREASURY, Internal Revenue Service Cancellation of notice of public hearing on proposed rulemaking. The public hearing originally scheduled for March 9, 2012 at 10 a.m., is cancelled. 26 CFR Part 20 SummaryThis document cancels a public hearing on proposed regulations (REG-112196-07), providing guidance respecting the election to use the alternate valuation method under section 2032 of the Internal Revenue Code.