Library / English Dictionary

    GRANTOR TRUST

    Pronunciation (US): Play  (GB): Play

     I. (noun) 

    Sense 1

    Meaning:

    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 moreplay

    Synonyms:

    Clifford trust; grantor trust

    Classified under:

    Nouns denoting possession and transfer of possession

    Hypernyms ("grantor trust" is a kind of...):

    trust (something (as property) held by one party (the trustee) for the benefit of another (the beneficiary))

    Credits


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