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Friday, August 24, 2018

The Generation Skipping Transfer Tax (GSTT) imposes a tax on property transfers among generations of a family and is intended to prevent tax reduction when a senior generation “skips” over transfers to their children in favor of grandchildren.

The tax is one of the most complex elements of trust and estate planning, involving skip and “non-skip” persons, generation assignments, and determining which transfers are taxable and which are not. Planning has been further complicated with revisions of the federal estate and gift tax regime, including expiration of the GSTT safe harbor.

Understanding and planning for this tax is an essential part of planning for client estates, including those less than $5 million.

This program provides a framework for understanding and planning with the GSTT, including testamentary and inter vivos exemption planning, and compliance trips and traps.

Part 1 topics include:

  • Planning for estates below $5 million
  • Predeceased parent exemption
  • Testamentary use of exemptions
  • Non-portability of exemptions
  • Use of less wealthy spouse’s exemption
  • Inter vivos dynasty trusts
  • Predeceased parent exemption
  • Sophisticated planning techniques using dynasty trusts and “HEET”s

Click on the "In Depth" tab for tuition and speaker information.

Product Information
Date Presented:
August 24, 2018 1:00 PM Eastern
1 hour
Registration Fee:
Planning with the Generation Skipping Transfer Tax - Part 2 | Phone/Audio Streaming

Early discount and CLE Premier Pass rates are not available for this program.

All Attendees: $80


Speaker Information
Daniel L Daniels   [ view bio ]
Individual topic purchase: Selected
NC State Bar
Mandatory Continuing Legal Education (MCLE) and Certified Paralegal Education (CPE) (Total): 1.00
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