What does GRAT mean in Legislation?
This page is about the meanings of the acronym/abbreviation/shorthand GRAT in the Governmental field in general and in the Legislation terminology in particular.
Grantor Retained Annuity Trust
Submitted by JP03 on July 16, 2015
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Definition
What does GRAT mean?
- Grantor retained annuity trust
- A grantor-retained annuity trust (commonly referred to by the acronym GRAT), is a financial instrument commonly used in the United States to make large financial gifts to family members without paying a U.S. gift tax.
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"GRAT." Abbreviations.com. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.abbreviations.com/term/1680029>.
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