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Technology-skipping trust: This trust will allow anyone to transfer assets tax-free to beneficiaries a minimum of two generations their junior, usually their grandchildren.
[countable, uncountable] (legislation) an arrangement by which a corporation or a gaggle of men and women has authorized Charge of revenue or residence which has been offered to any individual, typically until finally that man or woman reaches a certain age; an amount of money or home that is definitely managed in this way
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[countable] (legislation) a company or a group of men and women that invests income that is definitely specified or lent to it and uses the profits to assist a charity
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