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grantor trust

n.
1.a trust established to shift the income to someone who is taxed at a lower rate than the grantor for a period of 10 years or more

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    Idiom of the Day

    follow suit
    to do as someone else has done, to follow someone`s example, to play a card of the same suit that someone else has put down
    I followed suit and left work early on Friday just as my boss had done.



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