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What is tax?dyansty |
| Answer» <html><body><p>trust is a long-term trust created to pass wealth from generation to generation <a href="https://interviewquestions.tuteehub.com/tag/without-3281350" style="font-weight:bold;" target="_blank" title="Click to know more about WITHOUT">WITHOUT</a> incurring <a href="https://interviewquestions.tuteehub.com/tag/transfer-1425652" style="font-weight:bold;" target="_blank" title="Click to know more about TRANSFER">TRANSFER</a> taxes, such as the gift <a href="https://interviewquestions.tuteehub.com/tag/tax-1239527" style="font-weight:bold;" target="_blank" title="Click to know more about TAX">TAX</a>, <a href="https://interviewquestions.tuteehub.com/tag/estate-446767" style="font-weight:bold;" target="_blank" title="Click to know more about ESTATE">ESTATE</a> tax, or generation-skipping transfer tax (GSTT), for as long as assets remain in the trust. The dynasty trust's defining characteristic is its <a href="https://interviewquestions.tuteehub.com/tag/duration-443593" style="font-weight:bold;" target="_blank" title="Click to know more about DURATION">DURATION</a></p></body></html> | |