To take extensive advantage of GST tax exemption, you (or your esatate’s representative) must properly allocate it to specific gifts and bequests (timely fliling gift or estate tax return) -- allowing exemption with considerable wise provision also provides tax benefits > <
To take full advantage of the GST tax exemption, you (or your estate’s representative) must properly allocate it to specific gifts and bequests (on a timely filed gift or estate tax return). Allocating the exemption wisely can provide substantial tax benefits.