An indirect transfer (meaning as a result of the transferor's death or intervivos gift from trust) will be subject to generation-skipping transfer tax even in circumstances where IRC 2503(e) would exempt them from the gift tax if the transferor made the gift during the transferor's life. Group of answer choices True False

Answer rating: 100% (QA)

False Under the Internal Revenue Code IRC Section 2503e certain gifts made during the trans... View the full answer