The Generation Skipping Transfer Tax (GSTT)
March 5, 2022 Estate Planning Estate Taxes Irrevocable TrustsThis is Part 2 in a two-part series about Transfer Taxes. In Part 1, I discuss what is the gift tax and estate tax. The GST Tax The generation skipping transfer (GST) tax is often overlooked and misunderstood even by practitioners. It is complex to say the least. In this article, I discuss what the GST…