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Investing Glossary:
Grantor Retained Income Trust (GRIT)
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Grantor Retained Income Trust (GRIT)
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| Definition: |
| A tax-saving Trust in which a Grantor transfers property to a beneficiary, but receives income until termination, at which time the Beneficiary begins receiving the income.
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