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Factor in GST tax when transferring assets to your grandchildren | Hoberman & Lesser

Summary by hobermanlesser.com
If you’re considering making asset transfers to your grandchildren or great grandchildren, be sure your estate plan addresses the federal generation-skipping transfer (GST) tax. This tax ensures that large estates can’t bypass a round of taxation that would normally apply if assets were transferred from parent to child, and then from child to grandchild. Because
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hobermanlesser.com broke the news in on Tuesday, April 22, 2025.
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