February 12, 2020 | The Legal Intelligencer
GRATs Can Be a Useful Tool for Passing Money Between GenerationsFor 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