In order to implement a Grantor Retained Annuity Trust, the client/grantor creates a trust and makes gifts to that trust. However, the grantor retains the right to receive a fixed income each year. At the grantor’s death or at the end of the specified term, the remaining values of the trust go to the trust beneficiaries – the heirs.

Grantor Retained Unitrust (Illustration) | Grantor Retained Unitrust (Definition) | Grantor Retained Trust Calculator | Grantor Retained Annuity Trust (Illustration)

 

 

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