HyperDic: grantor_trust

English > 1 sense of the expression grantor trust:
NOUNpossessiongrantor trust, Clifford trusta 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
English > grantor trust: 1 sense > noun 1, possession
MeaningA 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.
SynonymClifford trust
BroadertrustSomething (as property) held by one party (the trustee) for the benefit of another (the beneficiary)

©2001-24 · HyperDic hyper-dictionary · Contact

English | Spanish | Catalan
Privacy | Robots

Valid XHTML 1.0 Strict