Generation-skipping Transfer Tax Exemption -
Cumulative value of all generation skipping transfers, currently $2,000,000, that may pass generation skipping transfer tax free. Aggregated over one's lifetime and at death, regardless of number of transfers or donees.
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The content in this glossary is general in nature and is intended for informational purposes only.
It is not intended to provide specific advice or recommendations for any individual or organization,
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