An Introduction to the Generation-Skipping Transfer Tax

The generation-skipping transfer (GST) tax is a federal tax imposed on transfers of wealth that skip one or more generations, such as from grandparents to grandchildren, in addition to any gift or estate tax that may be owed. This presentation will provide you with a conceptual framework and a thorough introduction to the basic rules governing GST tax. After this presentation, you will understand when GST tax applies, how a GST tax exemption can be used to shelter trusts from the tax, common exceptions to the GST tax, and what on earth a “reverse QTIP” is.

Presented by: Stephen Liss and Claire Carraba

CLE: 1.0 general credit

Approved States: CA, CO, FL, GA, IL, NJ, NV, NY, OH, OK, PA, TN, TX, UT, VT

(AK, AZ, CT, MO, ND, NH eligible to claim credit.)

We will supply you with the information needed to apply in other states.

Contact shopcle@wealthcounsel.com for CLE assistance.

WealthCounsel members: This CLE eligible program may be complimentary for WealthCounsel members, depending upon their subscription bundle.  Please access and view it here via the member website for optimal experience and inclusion in your CLE Profile Account.