Which of these is not a type of transfer that triggers the generation skipping transfer tax

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Which of these is not a type of transfer that triggers thegeneration skipping transfer tax

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The wealthy people gifted money and bequeathed property to their grandchildren without paying any federal estate taxes The generationskipping transfer tax was introduced in 1976 This was created to close the loophole whereby inheritances could skip a generation to avoid double estate taxation Generationskipping transfer GST Generationskipping transfer GST refers to the transfer of money or property as a gift or inheritance to a person who is two or more generations below that of the grantor The giving party is referred to as the transferor and the recipient is the skip person Many people use a grandchild as a skip person but a skip person does not have to be a family member Any individual other than a spouse or exspouse is eligible to receive a generationskipping transfer as long as they are at least 375 years younger than the transferor Generationskipping transfer Tax GST The GST tax is a See Answer

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