Friday, December 03, 2010 Press Coverage of Estate Planning this Week (December 3, 2010)
Ashlea Ebeling of Forbes writes about a one-time opportunity to make distributions from certain types of trusts that could avoid up to a 55 percent generation skipping transfer (GST) tax. Because the GST tax lapsed in 2010, alongside the federal estate tax, there may be an opportunity to make distributions from GST non-exempt trusts to grandchildren and other skip beneficiaries before the end of 2010, and thereby avoid the GST tax . See Payday for Trust Babies (Dec. 2, 2010). |