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Phone: 214-559-7202
The Ashmore Law Firm, P.C.
Call 214-559-7202
Fax 214-520-1550

Dallas Estate Planning Attorneys

Generation skipping transfer tax, also known as a GST, is a separate tax on property that passes to a "skip person".

A skip person is two or more levels below the generation of the person who is making the transfer. The GST tax exemption is currently $11.2 million for a U.S. citizen.