Phil Bernstein, Esq.
Like so many of my readers, the mere mention of the Generation Skipping Tax causes my eyes to glaze over. I usually break into a cold sweat before I consult the books --and the experts-- in order to deal with a particular GST problem. Your faithful law blogger still believes in calling in the experts in GST estate planning situations, but I think you will find this article by Mark Powell Esq. in Journal of Accountancy to be quite helpful .
Phil Bernstein is the host of the New York Probate & Estate Litigation Blog.