grantor's

For example, if one spouse is bequeathed a complex investment portfolio inside a trust, and the grantor designated that the assets inside the trust should remain solely the beneficiary's as long as he or she lives, then the issue of honoring the grantor's wishes may dictate that this account remain separate from all other marital assets.

Marital Union; Financial Separation 2010

Trust established to provide grantor's heirs and assigns sufficient funds to continue watering lawns on late grantor's family manse?!

Define That Term #280 2008

As a seller, you're responsible for paying certain set costs, such as a grantor's tax (which in Virginia is $1 for every $1,000 of fair market value, based on the higher of assessed or sales value).

What Should Home Seller Expect to Pay at Closing? 2010

Assets in a QTIP are included in the grantor's estate, but are eligible for a full marital deduction so no tax will be due on them at the grantor's death.

The Right Steps Michaela Cavallaro 2009

Any assets left when the GRAT ends pass to the beneficiary -- usually the grantor's children -- tax-free.

Revising Grantor-Retained Annuity Trusts 2009

However, if the trust grantor dies during the term of the trust, the asset reverts back to the grantor's estate and is subject to the estate tax.

Estate-Tax Strategies Could Survive Curbs 2009

These trusts can be set up to provide a surviving spouse with income while ensuring that when the surviving spouse dies the assets in the trust pass to the grantor's children from a previous marriage.

When to Think About Tomorrow 2008

This feature is essentially what makes the trust "defective," as all of the income, deductions and/or credits that come from the trust must be reported on the grantor's 1040 as if they were his or her own.

A Defective But Useful Trust 2007

"Without the written wills, inventories, deeds and grantor's records that often record partial ownership of vessels used in privateering or trade, there would be little to equate Port Royal with its [pirate and] privateering citizenry," says Hamilton.

Loaded Guns, Barrels of Rum, and a Silk Ribbon 2006

It was said that the Lombard presents his grantor, the Roman stands in his grantor's shoes, -- Langobardus dat auctorem, Romanus stat loco auctoris.

The Common Law Oliver Wendell Holmes 1888