Short Form How to Pass Money to Your Grandchildren Without It Getting Taxed Twice

LEGACY INVESTMENT SERVICES

YouTube Short Script  |  June 2025  |  Week 2 - Short 3

TITLE: How to Pass Money to Your Grandchildren Without It Getting Taxed Twice

ADVISOR: Jordan Cassiani

RUNTIME: 55-65 seconds

FORMAT: Vertical 9:16, tight on-camera, no cuts

CTA: Link in bio for complimentary retirement income analysis

Securities and advisory services offered through Osaic Wealth, Inc., member FINRA/SIPC. Legacy Investment Services and Osaic Wealth are separate entities. Content is for educational purposes only. Not investment, tax, or legal advice. All scenarios are hypothetical illustrations.

SCRIPT

If you want to leave money to your grandchildren and you just name them in your will or as a beneficiary on a retirement account, there is a tax problem that most people do not see coming.

It is called the generation-skipping transfer tax. When assets jump more than one generation, from grandparents directly to grandchildren, the IRS applies an additional transfer tax on top of any estate tax that may already apply. In 2025 the GST tax rate is 40 percent.

Now for most people the federal estate and GST tax exemptions are high enough that this does not create a tax bill. But those exemptions are scheduled to decrease significantly in 2026 unless Congress acts, so planning around this now while the exemptions are still high makes sense.

The cleanest way to pass wealth to grandchildren with both control and tax efficiency is through a properly structured trust with generation-skipping provisions built in. You define when they can access money, for what purposes, and you can protect the assets from their creditors in the process.

This is a conversation to have with an estate planning attorney alongside your financial advisor. Link in my bio if you want to start with the financial side.

PRODUCTION NOTES

Informative, not alarmist. The hook should feel like a genuine heads-up, not a scare.

Legacy Investment Services  |  Jordan Cassiani  |  Legacy - Passing Money to Grandchildren - Short - Week 2