The Internal Revenue Service (IRS) has replaced temporary life and annuity actuarial table regulations proposed in May 2009 with final regulations which involve use of Table 2000CM. The final regulations cover the use of actuarial tables in valuing annuities, interests for life and terms of years, and remainder and reversionary interests.

“These regulations will affect the valuation of inter vivos and testamentary transfers of interests dependent on one or more measuring lives,” officials say in the preamble to the regulations, which were published in the Federal Register.

Click here to access this Federal Register listing.