Grantor retained trust - sustany/dvg GitHub Wiki

Grantor-retained trusts are irrevocable trusts created to reduce estate taxes.� With each, the grantor receives some form of income from the trust for a set amount of years, and then the property is transferred to a beneficiary free of estate taxes.�These trusts are used mostly by wealthy individuals to limit estate and gift taxes because they create these trusts with high-growth assets which do not incur taxes on the increased value of the assets during the life of the trust. There are three main types of grantor-retained trusts:

1. grantor-retained annuity trusts (GRATs),
2. grantor-retained unitrusts (GRUTs), and
3. grantor-retained income trusts (GRITs)