Assertion: trust's property | /r/HasProperty | transferred into the grat
Facets:
Source sentences:
text: If this is the case, then all of the property transferred into the GRAT would revert back into the estate of the trustmaker/grantor and be taxable for estate tax purposes, and the trustmaker/grantor will also be out the legal fees that were paid to set up the GRAT.
text: The trustmaker/grantor must be willing to take a gamble and bet that the property transferred into the GRAT will outperform the section 7520 interest rate, that the trustmaker/grantor will live to see the end of the term of the GRAT, and that the trustmaker/grantor will not need the gifted property later in life to pay for living expenses or long-term care.