Michael N Mattise

Michael N Mattise

February 12, 2020 | The Legal Intelligencer

GRATs Can Be a Useful Tool for Passing Money Between Generations

For individuals with large estates (or those concerned that the exemption amounts may decrease even further), they may wish to consider utilizing a grantor retained annuity trust (GRAT). GRATs can be a useful tool for passing money between generations while potentially avoiding estate and gift taxes.

By Michael N. Mattise

4 minute read