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FrontLine March/April $20183.95BRINGING THE TRUTH Homecoming the Generation Gap March/April 2018 VOLUME 28 NUMBER 2Closing the Generation Gap 6816FEATURES6Genuine Fellowship Gordon A. Dickson Life
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What is closing form generation gap?
Closing form generation gap is a form used to report any differences in generational wealth and assets between family members.
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Any individual or entity who is involved in the inheritance or transfer of assets between generations must file the closing form generation gap.
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The closing form generation gap can be filled out by providing detailed information about the assets being transferred, the value of these assets, and the relationship between the parties involved.
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The purpose of closing form generation gap is to ensure transparency and accuracy in the transfer of wealth between generations, and to identify any potential discrepancies or issues.
What information must be reported on closing form generation gap?
Information such as the description of assets, their value, the names of individuals involved, and the relationship between them must be reported on the closing form generation gap.
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