Tuesday, November 6, 2018
For the client that wishes to leave assets to their grandchildren, they are often hindered by the generation skipping transfer tax, or GST tax. This tax is the IRS's method of taxing this special type of transfers, but advisors and attorneys have their own method of assisting their clients with this predicament.
See Beating GST Tax with HEETs, Wealth Counsel, October 26, 2018.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.) for bringing this article to my attention.