By: Martin M. Shenkman, CPA, MBA, JD

A person who makes a gift. The person setting up a trust can be called donor, trustor, grantor, or settlor. In a GRAT, the donor gives his or her interest in a qualifying residence to the QPRT and retains the right to use it for the term of the GRAT.

Our Consumer Webcasts and Blogs

Subscribe to our email list to receive information on consumer webcasts and blogs, for practical legal information in simple English, delivered to your inbox. For more professional driven information, please visit Shenkman Law to subscribe.

Ad Space