Generation-Skipping Transfer or Trust
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Generation-skipping transfer or trust

A trust in which a principal amount is placed in a trust on the death of person A and is transferred to A's grandchildren when A's children die. The income from the trust goes to the children of person A while they survive.

Generation-Skipping Transfer or Trust

A trust into which assets are deposited and invested, but for different beneficiaries. That is, the assets of the trust are held on behalf of the grantor's grandchildren; they are divided among them when the grantor's children all die. On the other hand, income from the investment of those assets is distributed among the grantor's children. Generation-skipping trusts allow the grantor's assets to bypass estate taxes that the children would have to pay if the assets were directly transferred.

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No references found			The GST tax currently is not applicable to generation-skipping transfers made during 2010, so the following discussion is pertinent to gifts made in 2009. Back to the basics: common gift tax return mistakes by Ransome, Justin P.; Schafer, Frances W. / The Tax Adviser 10) In an effort to fulfill their responsibilities to allocate the GST exemption among various transfers, personal representatives should seek to minimize the overall tax burden that will be imposed on all generation-skipping transfers ("GSTs"). Fiduciary allocations of the generation-skipping transfer tax ... by Williams, Robert S. / Florida Bar Journal 1 million in generation-skipping transfers (transfers to skip persons) without paying the GST tax. Iceberg ahead! Navigating the murky waters of gift-tax-return ... by Kanyuk, Amy K. / Journal of Accountancy			General Depreciation System General Ledger general lien General Loan and Collateral Agreement General Mortgage General Obligation General Obligation Bond General Obligation Bonds General Order general partner general partnership General price level General Price Level Accounting General Revenue General Rule General Securities Registered Representative Examination General Services Administration General Straight-Line Depreciation System General Strike General Tariff General Utilities Doctrine general warranty deed generally accepted accounting principles Generally Accepted Auditing Standards Generation-Skipping Transfer or Trust Generation-Skipping Transfers Generic Generic Bond Generic Credit Spread Generic Market Generic Prices Generic Security Genetic Algorithms Gengetsu Gengetsukan Genka Hou Genka Shoukyaku Genkin Kessai Genkin Shugi Gensaki Gensaki Baibai Genson Gentlemen Prefer Bonds gentrification geodetic survey system geographic information system Geographic Risk Geometric mean return George Akerlof George Eastman George Soros			Generation Unrestricted Network Drive Assault Module Generation Unsubdued Nuclear Drive Assault Module Generation West Virginia Generation Why? generation X generation X generation X generation X Generation X Productions Generation X Technologies Generation X Wrestling Generation X'er Generation Xer Generation Xer Generation Xers Generation Xs Generation Y Generation Y Generation Y Generation Y culture Generation Z Generation Z Generation, Transmission & Switch Gear Generation-Recombination Generation-set Generation-set system Generation-Skipping Tax Generation-Skipping Transfer Generation-Skipping Transfer Generation-skipping transfer or trust Generation-Skipping Transfers Generation-Skipping Trust Generation-Skipping Trusts generational generational generational generational Generational Leadership Listening Sessions Generational Ministries South Africa generationally generationally generationally generationally Generations Generations Generations Generations Generations Accepting All Youth Generations and Gender Program Generations and Gender Survey Generations Can Connect Generations Invigorating Volunteerism and Education Generations of Adam generations of man generative generative generative generative Generative and Transformational Techniques in Software Engineering Generative Approaches to Language Acquisition Generative Approaches to Language Acquisition North America

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Generation-Skipping Transfer or Trust (redirected from Generation-Skipping Transfers)

Generation-Skipping Transfer or Trust
(redirected from Generation-Skipping Transfers)