VDict - Definition of grantor trust

English - English (Wordnet) dictionary

grantor 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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Words contain "grantor trust" in its definition in English - English (Wordnet) dictionary:
grantor trust clifford trust testamentary trust inter vivos trust living trust grantor trust fiducial fiduciary resulting trust more...

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