Direct skip.

Direct skip. A direct skip is a transfer to a skip person that is subject to Federal estate or gift tax. If property is transferred to a trust, the transfer is a direct skip only if the trust is a skip person. Only one direct skip occurs when a single transfer of property skips two or more generations. See paragraph (d) of this section for the definition of skip person. See 26.26521(b) for the definition of trust. See 26.26321(c)(4) for the time that a direct skip occurs if the transferred property is subject to an estate tax inclusion period.


26 CFR § 26.2612-1

Scoping language

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