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
How To Use grantor trust In A Sentence
- Jerome Deener, managing partner at Deener, Hirsch & Shramenko PC in Hackensack, N.J. Ms. Karmazin had sold the assets, at a 40\% discount, to a defective grantor trust in 1999 to benefit her two children. WSJ.com: What's News US
- J.rome Deener, managing partner at Deener, Hirsch & Shramenko PC in Hackensack, N.J. Ms. Karmazin had sold the assets, at a 40% discount, to a defective grantor trust in 1999 to benefit her two children. Unusual Trusts Gain Appeal in Unusual Time
- Because these are so-called grantor trusts, Mr. Kleinhandler won't owe a dime of tax on the gains he realizes by selling his investments to the trust. Why Now Is the Time to Help Your Heirs
