grantor trust

NOUN
13 LETTERS · STARTS WITH G

grantor trust is a valid 13-letter word worth 13 points in Scrabble and 16 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
G2R1A1N1T1O1R1T1R1U1S1T1
2 + 1 + 1 + 1 + 1 + 1 + 1 + 0 + 1 + 1 + 1 + 1 + 1 =13 PTS
DOUBLE WORD → 26TRIPLE WORD → 39
MEANING

What does grantor trust mean?

NOUN · 1 SENSE
1

A trust established to shift the income to someone who is taxed at a lower rate than the grantor for a period of 10 years or more.

BROADER