VDict - Definition of clifford trust

English - English (Wordnet) dictionary (also found in English - Vietnamese)

clifford trust

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Noun

a trust established to shift the income to someone who is taxed at a lower rate than the grantor for a period of 10 years or more

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Synonyms:
Clifford trust grantor trust

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Words contain "clifford trust" in its definition in English - English (Wordnet) dictionary:
trust fiducial fiduciary resulting trust fixed investment trust nondiscretionary trust discretionary trust blind trust disastrously settlor more...

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