Cómo Pronunciar "grat"
word
ɡræt
GRAT
ɡræt
GRAT
Definición
A 'GRAT' is a legal and financial term meaning 'Grantor Retained Annuity Trust', a special kind of trust used in estate planning to minimize taxes when passing on assets.
Transcripción IPA
Inglés Americano
ɡræt
Inglés Británico
ɡræt
Pronunciación Simplificada
EE.UU.
GRAT
UK
GRAT
Escucha en Contexto
A GRAT can help families reduce estate taxes.
My lawyer recommended setting up a GRAT.
A GRAT pays an annual income to the grantor for a fixed time.
Only wealthy individuals usually bother to create a GRAT for their estate plans.