an irrevocable trust that pays a fixed annuity to the grantor for a defined term, with the remainder of the trust transferring to a noncharitable beneficiary
grantor retained annuity trust (GRAT)
My-Estate Plans℠Modern Estate Planning Tools
My-Estate Plans℠an irrevocable trust that pays a fixed annuity to the grantor for a defined term, with the remainder of the trust transferring to a noncharitable beneficiary