Tax

What is Generation-Skipping Tax (GST)?
What is Generation-Skipping Tax (GST)?

What is Generation-Skipping Tax (GST)?

top20162024-05-31T06:21:37+00:00May 31st, 2024|

People can give property directly to their grandchildren and keep the property out of their children's taxable estates. Because of this, Congress enacted the generation-skipping tax on lifetime or death gifts that skip [...]

Grantor tax information letter
Grantor tax information letter

Grantor tax information letter

top20162024-05-29T05:40:49+00:00May 29th, 2024|

What is a grantor? A grantor is someone who creates a trust and transfers property to the trust. What is a Grantor Trust? A trust is a device where a trustee holds assets [...]