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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.

Use "grantor" in a sentence
  • "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."