Definition of "grantor" []

• Law One that makes a grant. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "Finally, consider taking advantage of a potentially vanishing opportunity with short term grantor-retained annuity trusts (GRATs)."
• "The prospect of a government attack on a popular estate-planning technique, referred to as a grantor retained annuity trust, or GRAT, has been a topic of much discussion among wealth advisors and tax professionals over the past several months."
• "The vehicle, known as a grantor-retained annuity trust, or GRAT, potentially allows the grantor of a trust to pass on much of the appreciation of an asset to heirs free of gift tax."