Assertion: annuity trust | /r/HasProperty | grat
Facets:
Source sentences:
text: Common examples are: Grantor retained annuity trust ('GRAT'): an irrevocable trust whereby a grantor transfers asset(s), as a gift, into a trust and receives an annual payment from the trust for a period of time specified in the trust instrument.
text: A Grantor Annuity Trust (GRAT) allows the grantor to contribute assets to the trust and receive an annuity payment for a time.
text: A grantor retained annuity trust (GRAT) can potentially allow money to be transferred to heirs without any estate tax liability.
text: A grantor retained annuity trust (GRAT) is a special type of irrevocable trust that allows the trustmaker/grantor to gamble against the odds.