What is a GRAT?

What is a GRAT?

What is a Grantor Retained Annuity Trust? Grantor retained annuity trusts or GRATS can, given the right circumstances, be an excellent way to pass wealth to future generations.  The rules for GRATS are uncomplicated and are found at section 2702 of the Internal Revenue Code.  The person creating the GRAT (donor) transfers money to an … Continue reading What is a GRAT?