a multiple generation-skipping transfer (GST) Trust designed to optimize the exclusion from the GST tax

an irrevocable trust that continues forever

an irrevocable trust that leverages the estate, gift and generation-skipping transfer tax exemptions for as many generations as applicable state law permits

a trust that may be revocable or irrevocable, though it will become irrevocable at the death of the Settlor

An irrevocable life insurance trust (ILIT) used by wealthy people to create nontaxable generation skipping transfers to several generations.

A generation-skipping trust that, because of favorable laws in certain states, may continue in existence forever, benefiting generation after generation of beneficiaries.