from The American Heritage® Dictionary of the English Language, 4th Edition
- n. Law One that makes a grant.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. A person who grants something.
from the GNU version of the Collaborative International Dictionary of English
- n. The person by whom a grant or conveyance is made.
from The Century Dictionary and Cyclopedia
- n. In law, the person who makes a grant or conveyance: correlative to grantee.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. a person who makes a grant in legal form
Sorry, no etymologies found.
Finally, consider taking advantage of a potentially vanishing opportunity with short term grantor-retained annuity trusts (GRATs).
The prospect of a government attack on a popular estate-planning technique, referred to as a grantor retained annuity trust, or GRAT, has been a topic of much discussion among wealth advisors and tax professionals over the past several months.
The vehicle, known as a grantor-retained annuity trust, or GRAT, potentially allows the grantor of a trust to pass on much of the appreciation of an asset to heirs free of gift tax.
Uncle Sam uses it to calculate tax values for gifts donated to certain trusts known as grantor-retained annuity trusts and grantor-retained unit trusts.
Because these are so-called grantor trusts, Mr. Kleinhandler won't owe a dime of tax on the gains he realizes by selling his investments to the trust.
Also, if the grantor is a woman, her husband, for the reasons given, should join with her in the execution of the deed.
The applicable federal rate, used for a tax-planning vehicle known as a grantor retained annuity trust, will be 1.4 percent for October.
Three years earlier, that firm had obtained a patent on a strategy that involved funding so-called grantor retained annuity trusts or GRATs with nonqualified stock options.
The tax increases include one that would raise $5.3 billion over the next decade by limiting taxpayers 'ability to avoid gift taxes by setting up trusts known as grantor retained annuity trusts.
The technique, known as a grantor retained annuity trust, or GRAT, allows rich families to pass on wealth while dramatically cutting their estate and gift tax bills.