A GRAT can be a very effective tool for transferring significant wealth to one's heirs. A BB&T Wealth Advisor can help you set up this and other retirement instruments to help maximize the returns from your estate planning.
A. A grantor retained annuity trust (“GRAT”) is a technique for transferring assets in a very favorable manner from a gift tax standpoint. B. A GRAT is an ... 2011 1,000,000. 3. Property transferred at death receives a new basis equal to the fair market value as of date of death (or in some cases the alternate valuation date). 4 .
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.
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% ...
Oct 22, 2011 ... Grantor Retained Annuity Trusts. A. In General. 1. Overview of GRATs. Section 2702 of the Internal Revenue Code. 3 specifically authorizes the grantor retained annuity trust, or "GRAT". A GRAT is a trust in which the grantor contributes assets to the trust and retains the right to receive an annuity for a term of ...