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What is Grantor Retained Annuity Trust mean?
A grantor-retained annuity trust (commonly referred to by the acronym GRAT), is a financial instrument commonly used in the United States to make large financial gifts to family members without paying a U.S. gift tax.
reference| Full Form | Category |
|---|---|
| Grantor Retained Annuity Trust | Accounts and Finance |
| grantor retained unitrust These | General |
Posted on 11 Jan 2025, this text provides information on Miscellaneous in Accounts and Finance related to Accounts and Finance. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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