Generation-Skipping Transfer (GST) Tax
Tax on assets transferred to non-spouse heirs at death:
| Year | Exempt from Tax | GST tax rate |
|---|---|---|
| 2012 | $5.12 million per person (no portability) | 35% |
Tax on assets transferred to non-spouse heirs at death:
| Year | Exempt from Tax | GST tax rate |
|---|---|---|
| 2012 | $5.12 million per person (no portability) | 35% |