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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

    get one's money's worth
    to get value for what you have paid for
    We got our money's worth when we stayed on the golf course for seven hours.



    1.
    Describable

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    A person will die from total lack of sleep sooner than from starvation. Death will occur about 10 days without sleep, while starvation takes a few weeks.      .. More >>
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