Remainder Interest

Remainder Interest

by Richard C. Wilson & Family Offices Group Association Team

Family Office Definition: Remainder Interest

Remainder Interest definition:  With a QPRT, ownership interest in the property goes to the beneficiaries when the trust expires. The beneficiaries have remainder interest in the property. With a GRAT or GRUT, the remaining balance of the trust is considered the remainder interest and transferred to benenficiaries when the trust expires.

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