Gerzog on Gerson: Plain Meaning and the GSTT

Wendy C. Gerzog (Baltimore) has posted Gerson: Plain Meaning and the GSTT, 114 Tax Notes 701 (Feb. 12, 2007), on SSRN. Here is the abstract:

In Gerson, the Tax Court upheld the government’s regulation regarding the grandfather exception to the generation-skipping transfer tax and held that the decedent’s exercise of a general testamentary power of appointment in 2000, granted under a trust created by her husband at his death in 1973, was subject to the GSTT. The article reviews the decision and the plain meaning of the grandfather exception to the GSTT.

About the Author

Paul Caron

Paul Caron was named Duane and Kelly Roberts Dean of Pepperdine University School of Law on June 1, 2017. Dean Caron joined the Pepperdine faculty in 2013 after serving as the Dorothy and Leonard Straus Distinguished Visiting Professor of Law in the spring semesters of 2010 through 2013. He served as Associate Dean for Research and Faculty Development at Pepperdine in 2015-2017. Before coming to Pepperdine, he was Associate Dean of Faculty and Charles Hartsock Professor of Law at the University of Cincinnati College of Law.