A type of trust that holds property transferred to it by the grantor at the inception of the trust, which allows the grantor to retain full rights to any income deriving from the trust for a pre-specified period of time, or until the death of the grantor.

Related information about grantor retained income trust (GRIT):

1. What is a Grantor Retained Income Trust (“GRIT”)? | Estate Planner
   Apr 18, 2011 ... A grantor retained income trust, which is also known by the acronym of GRIT, is a frequently used trust that can help to reduce the amount of ...
    
2. Grantor Retained Income Trust(GRIT) | Nash & Kromash, LLP ...
   The Grantor Retained Income Trust (“GRIT”) is an estate planning tool that has been around for many years. The enactment of the Revenue Reconciliation Act of ...
    
3. How to Use Grantor Retained Income Trusts To - Harrison & Held, LLP
   giving it away is to create a grantor retained income trust (GRIT). This requires an individual to transfer property to an irrevocable trust under which he or she ...
    
4. Grantor Retained Income Trust (GRIT): Definition from Answers.com
   type of trust designed to save estate taxes in the event the grantor outlives the trust termination date.
    
5. Grantor Retained Income Trusts - Ronnie C. McClure, PhD, CPA
   A grantor retained income trust (GRIT), also know as a grantor retained interest trust, is an estate planning vehicle to transfer appreciating assets into an ...
    
6. Types of Trusts
   A "Grantor Retained Income Trust" ("GRIT") is a Grantor Trust in which the grantor transfers property in trust, but retains the right to receive the trust income for life ...
    
7. Grantor Retained Income Trust (GRIT) Law & Legal Definition
   Grantor-retained income trust or GRIT is an irrevocable trust established in a written trust agreement whereby the grantor transfers assets but retains the income ...
    
8. What is grantor retained income trust (GRIT)? definition and meaning
   Definition of grantor retained income trust (GRIT): A type of trust that holds property transferred to it by the grantor at the inception of the trust, which allows the ...