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Return Of The Generation-Skipping Transfer Tax In 2011

Saturday, October 30, 2010 - 12:19 PM
From the Wall Street Journal:
It isn't just the estate tax that's scheduled to return on Jan. 1 after a one-year absence. A lesser-known companion levy will return as well: the generation-skipping transfer tax. Not surprisingly, affluent families are rushing to transfer wealth to their progeny before the year-end deadline.

Yet another tax to worry about in addition to the estate tax and the gift tax.
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Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
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