Direct Skip
Legal definition for Indian law research
Definition
direct skip
: a generation-skipping transfer of an interest in property to a skip person
: a transfer that is to a person two or more generations below the person making the transfer or to a trust in which all interest is held by such persons and that is subject to generation-skipping transfer taxes compare taxable distribution, taxable termination
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.