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What is a Grantor Retained Annuity Trust or GRAT?

April 26, 2017Annuity grantor grat Trust

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What is a Grantor Retained Annuity Trust or GRAT?

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This is a trust into which an individual transfers property and retains the right to receive annual payments from the trust for a term of years. This is a tax planning technique to reduce the size of an estate and the amount of the resulting estate tax.