FINAL CHARITABLE REMAINDER TRUST ORDER- ING REGULATIONS ISSUED.

This article presents information related to the final charitable remainder trust ordering regulations which has been issued in the U.S. The new rules reflect changes made to income tax rates, including the rates applicable to capital gains and certain dividends, by legislation enacted in 1997, 1998 and 2003. Under these regulations, the trust's income is assigned, in the year it is required to be taken into account by the trust, into one of three categories: ordinary income, capital gains or other. Within the ordinary income and capital gains categories, items are also assigned to different classes based on the federal income tax rate applicable to each type of income in the category.