# Lifetime Charitable Lead Trusts
> **IRS** · Final regulations. · Published 2001-01-05 · Effective 2001-01-05 · 66 FR 1040
## Document
- **Document number:** 01-254
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 66 FR 1040
- **CFR reference:** 26 CFR 1
- **Publication date:** 2001-01-05
- **Effective date:** 2001-01-05
- **Treasury docket:** TD 8923
## Abstract

This document contains final regulations relating to the definitions of a guaranteed annuity interest and a unitrust interest for purposes of the income, gift, and estate tax charitable deductions. The regulations affect taxpayers who make transfers to charitable lead trusts. The regulations restrict the permissible terms for charitable lead trusts and are necessary to ensure that the amount the taxpayer claims as a charitable deduction reasonably correlates to the amount ultimately passing to the charitable organization.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2001/01/05/01-254/lifetime-charitable-lead-trusts)
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