7 More Family Office Resources:

• Grantor Retained Interest Trust Family Office Definition: Grantor Retained Interest Trust Grantor Retained Interest Trust definition:  Grantor retained interest trust (GRIT) is an trust where the grantor makes an irrevocable transfer of property to a trust with retained ...
• Retained Life Estate Family Office Definition: Retained Life Estate Retained Life Estate definition:  Real estate placed in a life estate is ultimately donated to a charitable organization after death, while you retain the right to occupy the ...
• Remainder Interest 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 ...
• Grantor Retained Annuity Trust Family Office Definition: Grantor Retained Annuity Trust Grantor Retained Annuity Trust definition:  Grantor retained annuity trust (GRAT) is an irrevocable trust that pays a fixed dollar amount (annuity payment) to the grantor for a ...
• Grantor Retained Unitrust Family Office Definition: Grantor Retained Unitrust Grantor Retained Unitrust definition:  Grantor retained unitrust (GRUT) is an irrevocable trust that pays a fixed payment (calculated as a percentage or "unit" based on the annual net ...
• Qualified Terminable Interest Property Trust Family Office Definition: Qualified Terminable Interest Property Trust Qualified Terminable Interest Property Trust definition:  A qualified terminable interest property trust (QTIP) a type of marital trust that provides lifetime income to a surviving spouse. ...
• Interest Rate Risk Family Office Definition: Interest Rate Risk Interest Rate Risk definition:  Interest rate risk refers to the volatility in interest rates over a length of time. For example, an investor can purchase a ten-year bond ...