Tax Reform: Generation-Skipping Transfer Tax
An individual can protect up to $11.18 million from the generation-skipping transfer tax, but unlike estate tax, it’s not portable between spouses. We explain in this week’s Tax Tip.
An individual can protect up to $11.18 million from the generation-skipping transfer tax, but unlike estate tax, it’s not portable between spouses. We explain in this week’s Tax Tip.