A GRAT is a trust in which the grantor retains the right to receive annuity payments for a specified period of time.
. What is a Grantor Retained Annuity Trust (GRAT)? A grantor retained annuity trust (GRAT) is a trust in which the grantor (the person establishing the trust) retains the right to receive an annuity from the trust for a specified term. At the end of the term, the remaining assets in the trust are distributed … Read more