Alabama Statutes

§ 19-5-8 — Purpose of Chapter

Alabama·Title 19 Fiduciaries and Trusts·Ch. 5 Preclusion or Minimization of Generation-Skipping Tax
The purpose of this chapter is to authorize a fiduciary to take appropriate action to preclude or minimize to the extent possible the imposition of the GST, and this chapter shall be broadly construed to effectuate this purpose.

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Legislative History

(Acts 1988, No. 88-340, p. 516, §8.)

Nearby Sections

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