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A Grantor Retained Annuity Trust,or GRAT for brief,is an unique type of irrevocable trust that permits the Trustmaker/Grantor to gamble versus the odds and,if the Trustmaker/Grantor plays their cards right,then a considerable amount of wealth can be moved down to the next generation for essentially no estate or gift tax dollars coronaprobatelaw com probate attorney (951) 582-3800.
A minimum of one trustee should be designated to handle the trust,though several individuals or companies may be called all at once.
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