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Goods need not be for the use of the grantor.
The children of the grantor never take title to the assets.
It is sometimes also referred to as a grantor trust.
First, the grantor must show an intent to create a trust.
Money has now passed from the grantor to his/her children without gift or estate tax.
The rule does not apply to interests in the grantor himself.
I have not communicated directly with my grantor more than once in the past two and a half months.
The term "grantor trust" also has a special meaning in tax law.
But the funds' grantors do not insist on that, and many students continue their research beyond the summer in any case.
Generally, the grantor is liable for the tax, but the city has the right to collect from either party.
The grantor may edit or delete these rights at any time.
The grantor has the right to specify exactly how the money in the trust is invested.
The third category is where the grantor holds only an equitable interest himself.
Grantor broke into a wide smile at the question.
Grantors exist within the government sector, as with the central/ local authority relationship discussed above.
A few years later, those grantors aren't so interested anymore, because they only fund the new.
Each party transferring an interest in the property, or "grantor", is required to sign it.
Often, however, the basic differences between them is the degree to which the grantor warrants the title.
Some states also allow a grantor (or seller) to add warranties.
In some situations the grantor, trustee, and beneficiary are all the same person.
It then goes to the grantor, who personally signs it.
It doesn't mean that the grantor is going to exercise any control over the trust."
General grants would be appropriate only if the grantor felt that all local services were merit goods.
To be effective the grantor must sue the grantee for enforcement.
The rationale for this difference lies with the grantor.