For those with large estates, a common question that comes up when planning for the future is how to minimize or avoid estate and gift taxes when transferring assets to heirs. One possibility: using irrevocable trusts to move assets out of one’s estate. Specifically, a type of irrevocable trust called a grantor retained annuity trust,…
The article What Is a Grantor Retained Annuity Trust, or GRAT? originally appeared on NerdWallet.
https://www.nerdwallet.com/article/investing/grat
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