>  Term: generation-skipping transfer or trust
generation-skipping transfer or trust

A trust in which a principal amount is placed in a trust on the death of person A and is transferred to A's grandchildren when A's children die. The income from the trust goes to the children of person A while they survive.

0 0

작성자

  • Jessehe
  •  (V.I.P) 32013 포인트
  • 40.13% positive feedback
© 2024 CSOFT International, Ltd.