2006 Alabama Code - Chapter 5 — PRECLUSION OR MINIMIZATION OF GENERATION-SKIPPING TAX.
- Section 19-5-1 — Definitions.
- Section 19-5-2 — Allocation of GST exemption.
- Section 19-5-3 — Division of trust to which GST exemption allocated into separate trusts for exempt and nonexempt property.
- Section 19-5-4 — Separate trusts for property transferred, etc., from another trust in order to preclude or minimize GST.
- Section 19-5-5 — Division of trust with more than one beneficiary or class thereof for GST purposes into separate share trusts to effectuate allocation of grantor's, decedent's, or surviving spouse's GST exemption.
- Section 19-5-6 — Division of qualified terminable interest property trust into separate share trusts to effectuate allocation of grantor's, decedent's, or surviving spouse's GST exemption; payment of estate taxes.
- Section 19-5-7 — Allocation of distributions from separate trusts.
- Section 19-5-8 — Purpose of chapter.
- Section 19-5-9 — Exercise of authority by fiduciary.
- Section 19-5-10 — Fiduciary not liable for acts in good faith.
- Section 19-5-11 — Applicability of chapter.
- Section 19-5-12 — Chapter effective as to transfers in trust, etc., on and after January 1, 1987.
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