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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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Word of the Day

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  • grantor
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  • grantee
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  • granted
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  • grant-in-aid
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  • grant wood
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  • grant
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  • granular
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  • granular pearlite
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  • granularity
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  • granulate
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  • granulated
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  • granulated sugar
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  • granuliferous
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  • even chance
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  • common cockscomb
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  • improvident
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  • clary sage
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  • south australia
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    Idiom of the Day

    sucker list
    a list of people who can be easily persuaded to buy something
    The salesman used a sucker list to try and sell his new product.



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