Grantor retained annuity trusts (GRATs) are a type of irrevocable trust designed to pass assets to beneficiaries in a tax-optimized way. These trusts pay an income (or annuity) to the
Grantor retained annuity trusts (GRATs) are a type of irrevocable trust that can help manage the tax impact of an IPO, the sale of a business, or a similar event.
