The GST tax remains a separate 40% levy with a $13,610,000 (2024) exclusion still effective as of Oct 2025. Executors report direct skips on Form 706 (mailed within nine months); trustees use Form 706‑GS(T) for trust events. Automatic allocation shelters most transfers, but larger estates and multi‑generation trusts need careful exclusion allocation and recordkeeping to avoid GST exposure.
