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The generation-skipping transfer tax (GSTT) is in addition to the unified gift and estate tax and is designed to tax large transfers tht skip a
The generation-skipping transfer tax (GSTT) is in addition to the unified gift and estate tax and is designed to tax large transfers tht skip a generation (i.e. from grandparent to grandchile). The purpose of the tax is to collect potentially lost tax dollars from the skipped generation. Which of the following transfers qualify for the unlimited marital deduction.
a. True
b. False
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