All Posts

Jurisdiction Federal, with California fiduciary-law overlay Primary Statutes IRC §§ 664, 671–679, 2036, 2038, 4941, 4943, 4944, 4946, 4947; Cal. Prob. Code §§ 16000 et seq. Key Authorities Treas. Reg. §§ 1.664-1(a)(3), 53.4941(d)-1 et seq., 53.4946-1; Palmer v. Commissioner, 62 T.C. 684 (1974); Rauenhorst v. Commissioner, 119 T.C. 157 (2002); Rev. Rul. 78-197; Rev. Rul. 77-374; Rev. Rul. 95-58; One Big Beautiful Bill Act, Pub. L. 119-21 (July 4, 2025) Last Reviewed April 2026

Jurisdiction Federal Primary Statutes IRC §§ 664, 514, 1011(b), 4941, 4946, 4947, 7520; Treas. Reg. §§ 1.664-1 et seq., 1.514(c)-1, 53.4941(d)-1 et seq. Key Authorities Palmer v. Commissioner , 62 T.C. 684 (1974), aff'd per curiam, 523 F.2d 1308 (8th Cir. 1975); Rev. Rul. 78-197; Rauenhorst v. Commissioner , 119 T.C. 157 (2002); Ferguson v. Commissioner , 174 F.3d 997 (9th Cir. 1999) Last Reviewed April 2026 Category Charitable Planning — CRT Funding At a Glance Real estate