qualified contingency
Defined in 1 place of the United States Code.
For purposes of this subsection, the term “qualified contingency” means any provision of a trust which provides that, upon the happening of a contingency, the payments described in paragraph (1)(A) or (2)(A) of subsection (d) (as the case may be) will terminate not later than such payments would otherwise terminate under the trust.
Source
- 1994–present26 U.S.C. § 664Internal Revenue Code · Charitable remainder trusts · for purposes of this section