grantor trust definition

grantor trust

Trust created by a trust agreement and not by a will.

Trust in which the trustor retains control over the trust property to the extent that he or she is taxed on that property's income.

grantor trust is in the Corporate, Commercial, & General Law subject.

grantor trust appears in the definition of the following term: defective trust

This content can be found on the following page:

http://www.businessdictionary.com/definition/grantor-trust.html