Archive for the tag: GenerationSkipping

Estate, Gift & Generation-Skipping Transfer Tax: Top Takeaway Tips

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Estate, Gift & Generation-Skipping Transfer Tax: Top Takeaway Tips

Get top takeaways on Estate, Gift & Generation-Skipping Transfer Taxes with this excerpt from MCLE’s October 2019 program. To watch the full program on demand, see https://www.mcle.org/product/catalog/code/2200040WBA.
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Basics of Generation-Skipping Transfer Tax

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What is the Generation-Skipping Transfer Tax (GSTT)?

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Board-certified Tax & Estate Planning attorney John Strohmeyer of Strohmeyer Law breaks down the intricacies of the Generation Skipping Transfer (GST) tax. You can’t just give away piles of money to the grandkids and skip out on estate tax!

We dive into the history of wealth transfer taxes, explain how the estate and gift taxes paved the way for the GST, and learn how this tax functions as a backup mechanism for the federal estate tax. Whether you’re planning your estate, considering gifting assets to your grandchildren, or just curious about wealth transfer taxes, this video is your guide to understanding the GST tax and its implications.

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Strohmeyer Law is a law firm based in Houston, Texas, specializing in tax law, estate planning, and probate law.

Nothing in this video is specific legal advice for you. Watching or commenting on this video doesn’t create an attorney-client relationship.

🔗 For more information, visit: https://www.strohmeyerlaw.com
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