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A grantor-retained annuity trust 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. Contents. [hide]. 1 Basic mechanism; 2 Important legal cases; 3 Patents; 4 See also; 5 References. Basic mechanism[edit]. A grantor transfers property into ...


GRANTOR RETAINED ANNUITY TRUST. (GRAT). By. Leo J. Cushing, Esq., CPA , LLM. Cushing & Dolan, P.C.. Attorneys at Law. 375 Totten Pond Road, Suite 200 ... II. EXAMPLE. Assume a $10,000,000 asset. The grantor is age 60. The grantor is considering a 10 year. GRAT. May, 2011, IRC § 7520 Rate = 3.00% ( 120% ...


Learn about an irrevocable trust business owners might use to transfer ownership in their companies and other assets estate tax-free. Visit the Business Owner's Playbook today.


In a grantor retained annuity trust (GRAT), a grantor transfers assets into an irrevocable ... September 2011. 2 IRC Section 2036. 3 A Grantor Trust is one that triggers the Grantor Trust Rules (IRC Sections 671-678). 4 Internal Revenue Code Section 2702(b) defines a “Qualified interest” as: (1) any interest which consists of ...


Feb 20, 2016 ... What is a GRAT? A grantor retained annuity trust (GRAT) is an irrevocable trust into which a one-time transfer of property is made in exchange for the payo.