grantor retained income trust

A trust in which a gift’s value can be reduced by the grantor’s retaining an income interest, for a specified time, in the gifted property. — Sometimes shortened to retained income trust. — Abbr. GRIT.

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词条贡献者

译者Lester，毕业于法国一流的高级翻译学院，擅长翻译各种与环境与自然资源相关的法律文件。