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Question # 61

Which tax applies to transfers skipping a generation (e.g., grandparent to grandchild)?

Options:

A.

Gift tax

B.

Estate tax

C.

Generation-skipping transfer tax (GSTT)

D.

Income tax

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CFP Overview

Name Financial Planner (CFP)
Code CFP
Vendor Finance, Insurance and Real Est
Certification Certified Financial Planner Board of Standards Inc. (CFP Board)

CFP Questions