Taxes assessed by the government on gifts made during your lifetime.
Trusts in which the grantor retains some interest in the trust property during his life rather than relinquishing all interest to the money or property.
Person who establishes a trust. Synonyms include settler and trustor. On a deed, the person who is transferring title to someone else.
On a deed, the person who is receiving title to the property.
For estate planning purposes, any property given to a person or organization during your life, or left by will or living trust after your death.
Estate tax saving trust which leaves the principal in trust for grandchildren with one’s children receiving only the trust income.