A pre-recorded streaming VIDEO replay of one session from the April 2021 webcast seminar, Conner-Zaritsky 42nd Annual Advanced Estate Planning and Administration.
Cosponsored with the Wills, Trusts and Estates Section of The Virginia Bar Association
The generation-skipping transfer (“GST”) tax has long been a source of confusion for clients, advisors, and practitioners. This presentation provides an overview of the current state of the GST tax, including its history (and legislative proposals for potential changes to the tax), the funding of GST trusts, the rules for allocation of GST tax exemption to various types of trusts (and what to do when these rules are not followed), the methods (and risks) of modifying GST trusts, planning opportunities with GST trusts, and tips for drafting.