Detailed explanation of Form 706, the United States Estate (and Generation-Skipping Transfer) Tax Return, covering its purpose, requirements, filing guidelines, historical context, and more.
An in-depth look at the Generation-Skipping Transfer Tax (GST), its implications, regulations, and general overview for better financial planning.
The Generation-Skipping Transfer Tax (GSTT) is a federal tax imposed on transfers of property to individuals who are at least two generations younger than the donor.
IRS Form 709 is used to report gift tax and generation-skipping transfer tax to the IRS. Learn about its purpose, requirements, and usage.
A comprehensive guide to understanding the Generation-Skipping Transfer Tax (GSTT), including its purpose, who is responsible for paying it, and how it impacts estate planning.
