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Bookmark or Share- The Generation-Skipping Transfer Tax: A Quick GuideDespite its fearsome reputation, the generation-skipping transfer tax (GSTT) is straightforward in its provisions and worth the attention of CPA planning advisers, especially in the currently unsettled political climate.
- Generation skipping transfer tax (GSTT) explained | FidelityWhat is the generation-skipping transfer tax? The generation-skipping transfer tax is a Federal tax on transfers of assets or property to individuals (or to a trust for their benefit) that are more than one generation below the transferor.
- What Is the Generation-Skipping Transfer Tax? - Finance StrategistsThe Generation-Skipping Transfer Tax is a tax on all gifts or bequests that are made to people who are at least one generation apart. It also applies to asset transfers made to people who are more than 37.5 years younger than the transferor, with some exceptions.
- What Is the Generation-Skipping Transfer Tax (GSTT) and Who Pays?The generation-skipping transfer tax (GSTT) is a federal tax that results when there is a transfer of property by gift or inheritance to a beneficiary (other than a spouse) who is at least 37½...
- What Is the Generation-Skipping Transfer Tax? - SmartAssetThe generation-skipping transfer tax applies when passing on assets directly to your grandchildren, certain other family members or non-related individuals.
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