In part two, we discuss when a grantor retained annuity trust, a type of irrevocable trust, is appropriate to help you retain more of your inherited wealth keeping your tax consequences to a minimum. When setting up a grantor retained annuity trust, the grantor specifies a term then transfers specific assets into the trust. The grantor then receives fixed, annual annuity payments for the term of the grantor retained annuity trust set at a rate in accordance with IRS guidelines. When the term expires, whatever assets remain in the grantor retained annuity trust are distributed to the trust beneficiaries.
https://www.untracht.com/wp-content/uploads/2017/08/UE_Pivotal_Logo-300x64.png 0 0 Mae Hung https://www.untracht.com/wp-content/uploads/2017/08/UE_Pivotal_Logo-300x64.png Mae Hung2017-04-02 14:19:432019-10-11 10:08:05Grantor Retained Annuity Trust | Wealth Transfer Part 2