9. Beneficiary Not Determined

NoYes

Has Executor determined what property will be used to satisfy interests of each beneficiary?

"Duplicate Reporting"


Report on Schedule A 100% of the property that Executor *could* use to satisfy beneficiaries' interests *


Beny A
Apple Inc.
100,000
Beny B
Apple Inc.
100,000
Beny C
Apple Inc.
100,000

Prepare Schedule A Accordingly


Example
Apple Estate Tax Value
$100,000


Beny A
Apple Inc.
Fractional Int:  40%
40,000
Beny B
Apple Inc.
Fractional Int:  35%
35,000
Beny C
Apple Inc.
Fractional Int:  25%
25,000
*
File Supplemental 8791/Schedule A once you know who's getting what property
8971 Instructions: should file Proposed Regulations: may file

Proposed Regulations probably supersede the earlier Instructions.