Contrary to my earlier assertions, gifts in Trust over the $1 Million gift tax could be subject to the GST when a skip person dies. It is better to make gifts directly to skip persons such as grandchildren and great grandchildren in 2010.
Contrary to my earlier assertions, gifts in Trust over the $1 Million gift tax could be subject to the GST when a skip person dies. It is better to make gifts directly to skip persons such as grandchildren and great grandchildren in 2010.