| In PLR-200602002, the IRS informed a taxpayer that prepayments of multiple years of tuition for the taxpayer's grandchildren would not be considered a taxable gift. |
| The agreements provide that the tuition prepayments are nonrefundable, and once paid become the sole properly of the school. |
| Servicing write-downs from prepayments are today's operating nightmare as refinancing shows little sign of slowing. |
| Single service providers may refuse medical insurance reimbursements or require prepayments from patients. |
| The tool enables participants to calculate CMBS bond cashflows under pre-defined assumptions such as prepayments and other factors. |
| When mortgage rates plunge and homeowners refinance, investors receive large amounts of prepayments, which must be reinvested at lower yields. |
