: Home : Jargon Buster : G : Generation-skipping Transfer Or Trust
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Previous
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.
Submitted by: admin
Added: Fri May 19 2006
