Grantor Retained Trust
Definition of "Grantor retained trust"
Trust under which grantor retains income from the assets that have been transferred to the trust. This trust permits the avoidance of probate, protects the assets from creditors, and leads to the savings of substantial taxes.
Popular Insurance Terms
Decision in the absence of a plaintiff or defendant at the specified court time. ...
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Frequency of death. ...
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Life insurance under which an insured receives the face value of a policy if the individual survives the endowment period. If the insured does not survive, a beneficiary receives the face ...
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