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Definition of Grantor trust
1. Noun. 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.
Lexicographical Neighbors of Grantor Trust
Literary usage of Grantor trust
Below you will find example usage of this term as found in modern and/or classical literature:
1. General Explanation of Tax Legislation Enacted in 1998: Report of the Joint edited by William Roth, Bill Archer (2000)
"... qualified pre-need funeral trust to elect special tax treatment for such a
trust, to the extent the trust would otherwise be treated as a grantor trust. ..."
2. The American State Reports: Containing the Cases of General Value and by Abraham Clark Freeman (1894)
"... is not a mere naked authority, but a power coupled with an interest, and ig
irrevocable by the grantor. TRUST DEEDS—SALES AMD CONVEYANCES BY TRUSTEE. ..."
3. The Encyclopædia of Pleading and Practice: Under the Codes and Practice Acts by William Mark McKinney, Thomas Johnson Michie (1897)
"... conveys an undivided half- interest, his grantee may purchase at a sale under
the power given in his grantor's trust deed. Burr v. Mueller, 65 111. 258. ..."