English Dictionary |
GRANTOR TRUST
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Dictionary entry overview: What does grantor trust mean?
• GRANTOR TRUST (noun)
The noun GRANTOR TRUST has 1 sense:
1. 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
Familiarity information: GRANTOR TRUST used as a noun is very rare.
Dictionary entry details
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 more
Classified under:
Nouns denoting possession and transfer of possession
Synonyms:
Clifford trust; grantor trust
Hypernyms ("grantor trust" is a kind of...):
trust (something (as property) held by one party (the trustee) for the benefit of another (the beneficiary))
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