§2651. Generation assignment — Inbound Citations
26 U.S.C. § 2651
Cited by 3 provisions in release 119-102.
Citations to 26 U.S.C. § 2651 as a whole
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(i) assigned to the same generation as (or a higher generation than) the old beneficiary (determined in accordance with section 2651), and
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(a) For purposes of this chapter, if—(1) there is a generation-skipping transfer of any property, and(2) immediately after such transfer such property is held in trust,for purposes of applying this chapter (other than section 2651) to subsequent transfers from the portion of such trust attributable to such property, the trust will be treated as if the transferor of such property were assigned to the first generation above the highest generation of any person who has an interest in such trust immediately after the transfer.
Citations to §2651(f)(2)
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(2) Solely for purposes of determining whether any transfer to a trust is a direct skip, the rules of section 2651(f)(2) shall not apply.