qualified terminable interest property
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 1022 — for purposes of this subtitle
The term “qualified terminable interest property” means property—
(i) which passes from the decedent, and
(ii) in which the surviving spouse has a qualifying income interest for life.
26 U.S.C. § 2056 — under this section
The term “qualified terminable interest property” means property—
(I) which passes from the decedent,
(II) in which the surviving spouse has a qualifying income interest for life, and
(III) to which an election under this paragraph applies.
26 U.S.C. § 2523 — in this section
For purposes of this subsection, the term “qualified terminable interest property” means any property—
(A) which is transferred by the donor spouse,
(B) in which the donee spouse has a qualifying income interest for life, and
(C) to which an election under this subsection applies.