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Assume further that the trust instrument provides that the remaining principal of the trust will be distributed outright to the grandchildren following the child's death. If the trust property is not subject to estate tax at the child's death (by reason of a general power of appointment, e.g.), a GST tax will be imposed when the child dies ...
Some states impose an inheritance tax on recipients of bequests. Gift taxes are levied on the giver (donor) of property where the property is transferred for less than adequate consideration. An additional generation-skipping transfer (GST) tax is imposed by the federal and some state governments on transfers to grandchildren (or their ...
The term "death tax" more directly refers back to the original use of "death duties" to address the fact that death itself triggers the tax or the transfer of assets on which the tax is assessed. While the use of terms like "death duty" had been known earlier, specifically calling estate tax the "death tax" was a move that entered mainstream ...
This category is for articles about people who died as children or teenagers. NOTE: Only add articles directly to this category if they can't be more appropriately listed under one of the subcategories listed within Category:Children by cause of death .
UPPER MARLBORO, Md. (DC News Now) — Changes to a law impacting the Maryland Department of Juvenile Services aim to hold children as young as 10 years accountable for crimes they commit. The new ...
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The two fatal incidents occurred around 16 kilometers apart along Highway 210, which has earned the grim nickname of Maryland’s ‘highway of death’