by Michelle Seiersen-Pyatt | Mar 16, 2023
A tax imposed by the US government on transfers that skip a generation of heirs is known as a generation-skipping transfer (GST). Its primary design is to prevent wealthier individuals from avoiding estate and gift taxes by transferring large amounts of assets to...
by Michelle Seiersen-Pyatt | Sep 15, 2022
Due to changes in tax law on the verge of becoming law, more commonwealth transfer strategies may have significant impacts. While it is too early to know what will become law, the House Ways & Means Committee tax plan draft indicates that change is coming soon....
