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Acronymfinder

What does GRUT stand for?

GRUT stands for Grantor Retained Unitrust


This definition appears frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

Other Resources:
We have 1 other meaning of GRUT in our Acronym Attic

Samples in periodicals archive:

The regulations provide a method for determining the portion of the corpus of a grantor retained annuity trust or grantor retained unitrust that is includible in the grantor's gross estate under Sec.
But these same changes have given birth to the grantor retained annuity trust (GRANT) and the grantor retained unitrust (GRUNT).
Last year, the Service issued proposed regulations on the use of notes and other similar arrangements to satisfy the annuity and unitrust obligations of a GRAT and a grantor retained unitrust (GRUT).
Chapter 14, as enacted effective October 9, 1990, follows the Treasury proposals in IRC section 2701 for outright transfers and section 2702 for transfers in trust (with the modifications listed above), substitutes a grantor retained annuity trust (GRAT) and/or grantor retained unitrust (GRUT) for GRITs and provides a personal residence trust exception.
The tax adviser then explores the use of a grantor retained annuity trust (GRAT) or grantor retained unitrust (GRUT), in which Ben would retain a defined income interest for a period of years, with the remainder passing to Elizabeth at the end of that term.