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English to Spanish translations [PRO]
Law/Patents - Law: Contract(s) / Trust fund | | English term or phrase: skip / non-skip persons | "If, at any time property becomes distributable (including distributions in further trust) under this agreement, both property having an inclusion ratio of zero and property having an inclusion ratio greater than zero are subject to disposition, the trustee is authorized, in her discretion, to fund distributions to skip persons (including trusts) to the greatest extent possible out of property having an inclusion ratio of zero and to fund distributions to non-skip persons (including trusts) to the greatest extent possible out of property having an inclusion ratio greater than zero."
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| mpiazzaKudoZ activityQuestions: 608 ( 8 open) ( 7 without valid answers) ( 5 closed without grading) Answers: 48
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| | persona incluida/persona no incluida | Explanation:
Generation-Skipping Trust - a trust in which the principal will eventually go to a skip person usually following payment of income for life to a non-skip person: a trust created by a generation-skipping transfer of property in trust.
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Note added at 3 hrs 3 mins (2004-08-03 15:17:42 GMT)
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Section 2613. Skip person and non-skip person defined
... the term \'\'non-skip person\'\' means any person who is not a skip person. ... WESTERN STATE
UNIVERSITY COLLEGE OF LAW: Connect with technology and programs that help ...
caselaw.lp.findlaw.com/casecode/uscodes/26/ subtitles/b/chapters/13/subchapters/b/sections/section_2613.html - 28k - Cached - Similar pages
Section 2612. Taxable termination; taxable distribution; direct ...
... by chapter 11 or 12 of an interest in property to a skip person. ... WESTERN STATE UNIVERSITY
COLLEGE OF LAW: Connect with technology and programs that help you ...
caselaw.lp.findlaw.com/casecode/uscodes/26/ subtitles/b/chapters/13/subchapters/b/sections/section_2612.html - 29k - Cached - Similar pages
[ More results from caselaw.lp.findlaw.com ]
[PDF] Form 706-GS(D-1) (Rev. March 1995)
File Format: PDF/Adobe Acrobat
... Instructions for Skip Person Distributee Specific Instructions General Instructions
Part I Purpose of form.—Form 706-GS(D-1) is used by a trustee to report ...
www.unclefed.com/IRS-Forms/1998/f706gsd1.pdf - Similar pages
PRESENT LAW
... LAW. A generation-skipping transfer tax generally is imposed on transfers, either
directly or through a trust or similar arrangement, to a `skip person\' (ie, a ...
thomas.loc.gov/cgi-bin/cpquery/?& db_id=cp107&r_n=hr084.107&sel=TOC_640423& - 10k -
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teju
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