Navigating the Generation-Skipping Transfer Tax in Real Estate: Key Insights for Estate Planning
Understanding Generation-Skipping Transfer Tax in Real Estate The Complexity of Generation-Skipping Transfer in Real Estate Transferring a commercial property to your grandchild might sound straightforward, but in the eyes of the IRS, this can become quite complex. Known as a generation-skipping transfer (GST), this process can have significant tax implications, particularly when it comes to … Read more