Written by attorney Richard Cooper Watson III

How to Use a Grantor Retained Annuity Trust (GRAT) to Transfer a Family Business

This video discusses how to use a Grantor retained Annuity Trust (GRAT) to transfer a family business. It discusses the common goals for a family business owner and the advantages and disadvantages of using a GRAT to solve for these goals. An illustration is also provided to help visualize the workings of the family business transfer concept.

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