Generation Skipping Tax Trust Form - Irrevocable Generation Skipping or Dynasty Trust Agreement For Benefit of Trustor's Children and Grandchildren

• Category: Fideicomisos - Irrevocables - Disposiciones para gastos indebidos
• State: Multi-State
• Control #: US-01034BG
• Format: Word

Description

In today's tax system, estate and gift taxes may be levied every time assets change hands from one generation to the next. Dynasty trusts avoided those taxes by creating a second estate that could outlive most of the family members, and continue providing for future generations. Dynasty trusts are long-term trusts created specifically for descendants of all generations. Dynasty trusts can survive 21 years beyond the death of the last beneficiary alive when the trust was written.

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.