What does grantor trust mean?
Definitions for grantor trust
grantor trust
This dictionary definitions page includes all the possible meanings, example usage and translations of the word grantor trust.
Princeton's WordNet
Clifford trust, grantor trustnoun
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
ChatGPT
grantor trust
A grantor trust is a type of trust in which the person who created the trust, known as the grantor, retains significant rights or powers, such as the power to control the trust’s income or principal, or the power to revoke the trust. As a result, the grantor is treated as the owner of the trust for income tax purposes, and is responsible for paying taxes on the trust's income. This type of trust is often created for estate planning purposes.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of grantor trust in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of grantor trust in Pythagorean Numerology is: 2
Translation
Find a translation for the grantor trust definition in other languages:
Select another language:
- - Select -
- 简体中文 (Chinese - Simplified)
- 繁體中文 (Chinese - Traditional)
- Español (Spanish)
- Esperanto (Esperanto)
- 日本語 (Japanese)
- Português (Portuguese)
- Deutsch (German)
- العربية (Arabic)
- Français (French)
- Русский (Russian)
- ಕನ್ನಡ (Kannada)
- 한국어 (Korean)
- עברית (Hebrew)
- Gaeilge (Irish)
- Українська (Ukrainian)
- اردو (Urdu)
- Magyar (Hungarian)
- मानक हिन्दी (Hindi)
- Indonesia (Indonesian)
- Italiano (Italian)
- தமிழ் (Tamil)
- Türkçe (Turkish)
- తెలుగు (Telugu)
- ภาษาไทย (Thai)
- Tiếng Việt (Vietnamese)
- Čeština (Czech)
- Polski (Polish)
- Bahasa Indonesia (Indonesian)
- Românește (Romanian)
- Nederlands (Dutch)
- Ελληνικά (Greek)
- Latinum (Latin)
- Svenska (Swedish)
- Dansk (Danish)
- Suomi (Finnish)
- فارسی (Persian)
- ייִדיש (Yiddish)
- հայերեն (Armenian)
- Norsk (Norwegian)
- English (English)
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Citation
Use the citation below to add this definition to your bibliography:
Style:MLAChicagoAPA
"grantor trust." Definitions.net. STANDS4 LLC, 2024. Web. 13 Nov. 2024. <https://www.definitions.net/definition/grantor+trust>.
Discuss these grantor trust definitions with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In