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Grantor retained annuity trust (GRAT): Lets the grantor To place specified property into A short lived trust account and freeze its value, eradicating more appreciation within the estate and offering it to heirs with nominal estate or present tax legal responsibility.
Handle. You can specify the terms of the trust, which will help you guard belongings after a divorce, such as, or Manage when Young children obtain their inheritance And just how they shell out it.
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Each trust falls into six broad categories—dwelling or testamentary, funded or unfunded, revocable or irrevocable.
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