Use Grantor in a sentence

1. A Grantor is the entity that establishes a trust and legally transfers control of those assets to a trustee, who manages it for one or more beneficiaries

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2. In certain types of trusts, the Grantor

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3. 1. Grantor - a person who makes a grant in legal form; "conveyed from Grantor to grantee" alienor - someone from whom the title of property is transferred granter - a person who grants or gives something

Grantor, Grant, Grantee, Granter, Grants, Gives

4. Grantor An individual who conveys or transfers ownership of property

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5. In real property law, an individual who sells land is known as the Grantor. West's Encyclopedia of American Law, edition 2.

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6. "Grantor" is a legal term used in real estate transactions to identify the seller of a property

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7. The Grantor transfers title to a grantee through a legal instrument known as a deed.

Grantor, Grantee

8. Legal definition of Grantor: one that makes a grant: as.

Grantor, Grant

9. The legal term Grantor refers to an individual or entity that bestows ownership of property, an easement, or a right, on another individual or entity

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10. Every Grantor is required to register in order to post opportunities on Grants.gov.

Grantor, Grants, Gov

11. The Grantor, Settlor, or Trustor of a trust decides how the trust will operate, including: what property to include in the trust, who the beneficiaries will be …

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12. Most commonly, the term “Grantor” refers to who has power over the administration of the trust according to the IRS

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13. In a Grantor trust, the Grantor continues to hold power over elements of the trust until death

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14. When the Grantor dies, the trust automatically turns into a non-Grantor trust.

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15. A person or organization that gives grants (= money for a particular purpose): As Grantor, central government requires information from local government that funds are being used well

Gives, Grants, Grantor, Government

16. The Grantor In general, a Grantor is someone who transfers a property right to a grantee

Grantor, General, Grantee

17. In a real estate transaction, the Grantor is the current holder of the property right, or in other words, the seller

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18. A Grantor is a person or legal entity, such as a business, transferring property ownership to another person or entity on a deed

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19. The Grantor is usually the current property owner

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20. However, a Grantor on a deed may be anyone who has some sort of ownership interest in a property she wants to give to someone else.

Grantor, Give

21. A “Grantor trust” is a trust in which the Grantor (or some other person) retains control over the trust to such an extent that the Grantor (or such other person), rather than the fiduciary or beneficiary, is treated for federal income tax purposes as the owner of all or part of the trust, and is therefore taxed directly on the income and/or other tax attributes of the trust.

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22. In this example, if the trust is a Grantor trust (an irrevocable trust that includes certain powers under subchapter J of the Code), the $500,000 of income is taxed on the Grantor 's personal tax return for federal and state purposes.

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23. A Trust is a convenient tool in one’s estate plan that allows the “Grantor,” or the person establishing and funding the trust, to provide for the distribution of his or her assets outside of probate.

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24. Depending on the situation, either the Grantor or the grantee may have a position of strength

Grantor, Grantee

25. Depending on the type of document in question, the title of Grantor or grantee may mean very different things

Grantor, Grantee

26. For example, when dealing with court orders, a plaintiff is a Grantor while a defendant is a grantee.

Grantor, Grantee

27. The Grantor in a Trust is the person with the bucks

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28. In other words, the Grantor of a Trust contract is the owner of the asset (s) which could be any asset from personal residential real estate to stock accounts to business or partnership assets and anything else of monetary value.

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29. Grantor - a person who makes a grant in legal form; "conveyed from Grantor to grantee"

Grantor, Grant, Grantee

30. Users from grant-making agencies are called Grantors throughout the Grants.gov system

Grant, Grantors, Grants, Gov

31. After logging on, Grantors are taken to the Grantor Centerpage, which provides access to all the actions and information available to them based on their roles.

Grantors, Grantor

32. A Grantor trust is a trust in which the individual who creates the trust is the owner of the assets and property for income and estate tax purposes

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33. Grantor trust rules are the rules that apply to

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34. Find 48 ways to say Grantor, along with antonyms, related words, and example sentences at Thesaurus.com, the world's most trusted free thesaurus.

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35. What is a Grantor Trust? A Grantor trust is a type of living trust, which means it takes effect during the lifetime of the individual who created it

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36. According to the IRS, a Grantor trust is one in which the Grantor, i.e

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37. A Grantor would ideally prefer to give a quitclaim deed because it frees them of liability for any title problems

Grantor, Give

38. There is a good chance that you set up a Grantor trust for income tax purposes, as Grantor trusts are incorporated into many effective estate planning strategies

Good, Grantor

39. Spousal access trusts, Grantor retained annuity trusts (GRAT), defective Grantor trusts (e.g., an IDGT or DIGIT), and most irrevocable life insurance trusts (ILITs

Grantor, Grat

40. Grantor: The Grantor is the person who creates the trust and transfers property to it

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41. A Grantor is sometimes known as the settlor or donor of the trust

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42. In many revocable living trusts, the Grantor takes on the role of trustee during their lifetime.

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43. The Grantor version makes distributions to one or more charitable organizations during its term, as does the non-Grantor trust version, but because the remainder goes back to the donor, the trust is treated quite differently for tax purposes.

Grantor, Goes

44. A Grantor in the context of real property law is a person from or by whom an estate or interest in real property passes, in or by a deed

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45. Laws affecting the rights and obligations of Grantors are primarily governed by state laws, which vary by state.

Grantors, Governed

46. The Meaning of "Grantor" and "Grantee"

Grantor, Grantee

47. "Grantor" and "Grantee" are two terms that designate people who are involved in …

Grantor, Grantee

48. Grantor has the specific meaning of: A person who grants something

Grantor, Grants

49. Grantor Trusts: Tax Returns, Reporting Requirements and Options,” that is the subject of today’s ACTEC Trust & Estate Talk

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50. There are several different methods of reporting income tax from Grantor trusts.

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51. In simple terms, a Grantor Trust is a trust in which the Grantor, the creator of the trust, retains one or more powers over the trust and because of this the trust’s income is taxable to the Grantor

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52. In some cases, a trust can be treated as a Grantor trust when a third person, nonadverse to the Grantor, holds an interest or control over the

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53. Grantor The Grantor is any person conveying or encumbering, whom any Lis Pendens, Judgments, Writ of Attachment, or Claims of Separate or Community Property shall be placed on record

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54. The Grantor is the seller (on deeds), or borrower (on mortgages)

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55. The Grantor is usually the one who signed the document

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56. In real property law, an individual who sells land is known as the Grantor.

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57. A Grantor retained income trust is created through a written trust agreement

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58. The Grantor is the person who creates the trust and transfers assets to it

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59. The trustee is the person who’s responsible for overseeing the trust, according to the terms set by the Grantor

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60. The Grantor has the right to receive net income from the assets held in the

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61. What is a Grantor? A Grantor can be an options trader or an investor who makes a premium by selling options for an underlying asset

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62. A Grantor can also refer to someone who creates a trust and places assets in the trust on behalf of a beneficiary.

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63. Grantor definition: a person who makes a grant Meaning, pronunciation, translations and examples

Grantor, Grant

64. The Grantor gives-up his assets to gain asset protection, elimination of probate, elimination of estate taxes, and gain certain uncommon tax advantages

Grantor, Gives, Gain

65. Any degree of control by the Grantor will render the trust revocable and subject to court discretion.

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66. A typical deed has a Grantor and grantee

Grantor, Grantee

67. The Grantor is the owner, or seller, of the real estate

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68. A deed of trust has three parties known as the Grantor, trustee and lender, or …

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69. A Grantor letter specifying the income earned by the trust is filed with the 1041 and issued to the a Grantor

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70. The Grantor uses this to report the income on his 1040

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71. The payer issues a 1099 (or K-1) to the trust but uses the Grantors SSN

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72. The income is reported directly on the Grantors 1040 and no 1041 is filed.

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73. The flexibility gained with a Grantor trust is an invaluable estate planning tool to many, but only if used with proper caution and continuous attention

Gained, Grantor

74. To summarize, a Grantor trust, much like any tax strategy, has its benefits and pitfalls and vary from case to case.

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75. A “Grantor trust” is any trust in which the Trustor/Grantor retains control over the income or principal, or both to such an extent that he is regarded as the substantial owner of the trust property and income

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76. A Grantor is someone who creates a trust as a way to hold his assets and later distribute those assets to his or her beneficiaries

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77. A “Grantor trust" is a tax term

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78. According to the Internal Revenue Service (IRS), a Grantor trust is any trust where the Grantor retains the …

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79. Before you consider using a non-Grantor trust, you need to understand how a non-Grantor trust is taxed

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80. A non-Grantor trust is a separate legal entity and is taxed as a separate taxpayer

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81. In a conventional revocable trust structure, the Grantor retains the power to revoke the trust and amend its terms

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82. First, the trust will be considered a Grantor trust (e.g., tax transparent) for income tax purposes (Sec

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83. If the Grantor dies during the GRAT term, then the GRAT assets will be included in the Grantor’s estate for estate tax purposes

Grantor, Grat

84. It is primarily for this reason (and for others as well) that Grantors typically create short-term GRATs (e.g., two- to three-year GRAT terms), and roll …

Grantors, Grats, Grat