Category: Generation-Skipping Trust

The 411 on the Generation-Skipping Trust

The estate tax impacts just a small number of Americans, but those who are affected have a heavy burden. At the tax rate of 40%, estate tax is onerous enough to make efforts to avoid at all costs, especially those who intend to leave assets to grandchildren or younger heirs with generation-skipping trusts, GST trusts, or dynasty trusts. They will need to address the added burden of generatio...

Read More