grantor trust
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Grantor trust — A mechanism of issuing MBS wherein the mortgages collateral is deposited with a trustee under a custodial or trust agreement. The New York Times Financial Glossary * * * grantor trust grantor trust ➔ trust * * * grantor trust UK US noun [C] ► LAW … Financial and business terms
grantor trust — A mechanism of issuing ( issue) MBS wherein the mortgages collateral is deposited with a trustee under a custodial or trust agreement. Bloomberg Financial Dictionary * * * grantor trust grantor trust ➔ trust * * * grantor trust UK US noun [C] ► … Financial and business terms
Grantor Trust Rules — Guidelines that state a trust is considered to be a grantor trust if the grantor has a reversionary interest greater than 5% of the trust assets (at the time the transfer of assets to the trust is made). If a trust is considered to be a grantor… … Investment dictionary
grantor trust — noun a trust established to shift the income to someone who is taxed at a lower rate than the grantor for a period of 10 years or more • Syn: ↑Clifford trust • Hypernyms: ↑trust … Useful english dictionary
Intentionally Defective Grantor Trust - IDGT — An estate planning tool used to freeze certain assets of an individual for estate tax purposes, but not for income tax purposes. The intentionally defective trust is created as a grantor trust with a purposeful flaw that ensures that the… … Investment dictionary
trust — n 1 a: a fiduciary relationship in which one party holds legal title to another s property for the benefit of a party who holds equitable title to the property b: an entity resulting from the establishment of such a relationship see also… … Law dictionary
trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… … Black's law dictionary
Trust (Recht) — Ein Trust ist im juristischen Sinn eine von einer Person unter Lebenden[1] oder für den Todesfall[2] geschaffenen Rechtsbeziehung,[3] wenn Vermögen zugunsten eines Begünstigten oder für einen bestimmten Zweck abgesondert und der gebundenen… … Deutsch Wikipedia
grantor-retained trust — An irrevocable trust designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries … Law dictionary
grantor — grant·or / gran tər, ˌtȯr; gran tȯr/ n: one that makes a grant: as a: one that conveys property or a right in property by deed b: settlor c: one (as an organization) that provides aid in the form of grants (as for education) … Law dictionary
