Question: For generation-skipping transfer tax purposes, a direct skip includes:Question 19 options:a)A transfer to a grandchild whose parent has predeceased him.b)A transfer to a skip person
For generation-skipping transfer tax purposes, a direct skip includes:Question 19 options:a)A transfer to a grandchild whose parent has predeceased him.b)A transfer to a skip person that is subject to estate or gift tax.c)A transfer of property to a trust benefitting children and grandchildren.d)A distribution of income or corpus from a trust to a skip person that is not subject to estate or gift tax.
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