THERE WILL BE GRAT DOOM TOMAARROW!!! | |
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Anonymous Coward User ID: 5943151 United States 10/27/2012 03:56 AM Report Abusive Post Report Copyright Violation | ALERT!: "THERE WILL BE GRAT DOOM TOMAARROW"!: ----------------------- "G.R.A.T.": (Who Knows? Maybe He's RIGHT)? "A donor sets up a GRAT by making a donation into a trust. The trust is set up as an annuity whereby the donor receives an annual payment from the annuity for a fixed period of time. At the end of the term, any remaining value in the trust is passed on to a beneficiary of the trust as a gift. Beneficiaries are generally close family members of the donor, who are prohibited from being named beneficiaries of another estate freeze technique, the grantor retained income trust. If a grantor dies before the trust period ends, the assets in the GRAT are included in the grantor’s estate by operation of I.R.C. § 2036, eliminating any potential gift tax benefit; this is the GRAT's main weakness.". |
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Anonymous Coward User ID: 26544810 Morocco 10/29/2012 10:55 AM Report Abusive Post Report Copyright Violation | Congratulations yo made it to the hall of shame here [link to www.godlikeproductions.com] |
Scrub User ID: 24830375 United States 10/29/2012 11:09 AM Report Abusive Post Report Copyright Violation | Congratulations yo made it to the hall of shame here [link to www.godlikeproductions.com] Quoting: NODOOM |
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