Generation Skipping Trust - Law Dictionary Search Results
generation-skipping trust
Matched in: Term generation-skipping trust
generation-skipping transfer
Matched in: Term generation-skipping transfer
trust
Matched in: Term trust
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direct skip
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 … direct skip : a generation-skipping transfer of an interest in property to a skip person : a transfer that is to a person
skip person
skip person : a person to whom property is transferred in a generation-skipping transfer ;also : a trust whose interests are all held by or may only be distributed to skip
taxable termination
taxable termination : a generation-skipping transfer of property held in trust that is subject to a generation-skipping transfer tax payable by the trustee
taxable distribution
taxable distribution : a generation-skipping transfer of property held in trust that is subject to a generation-skipping transfer tax payable by a skip
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