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Tag Archives: Florida Estate Planning Attorneys

EstPlan11

Differences between GRAT, GRIT, and GRUT Trusts

By Larry E. Bray, P.A. |

The Internal Revenue Code defines a “grantor trust” as a trust where the person who created the trust is the owner of its assets and property for estate tax and income tax purposes. Essentially, the grantor has control and can direct the trust’s assets and income. The use of certain kinds of trusts can… Read More »

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