Legal Definition of generation-skipping transfer
Note: A transfer from a grandparent to a grandchild qualifies as a generation-skipping transfer, as does a transfer of a life estate to a child with a remainder in the grandchild. Such transfers are subject to a generation-skipping transfer tax.
- A Thanksgiving Word Quiz Take the quiz
- Great Scrabble Words—A Quiz Take the quiz
- Spell It Take the quiz
- Add Diction Play the game