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GRIT
(redirected from Grantor Retained Income Trust)

    Also found in: Financial 0.03 sec.
AcronymDefinition
GRITGrantor Retained Income Trust (estate planning)
GRITGirl Raised In the South
GRITGhost Recon: Island Thunder (game)
GRITGraduated and Reciprocated Initiatives in Tension-Reduction (psychology)
GRITGradual Reduction in Tension
GRITGroup, Range, Indication, Target (gunfire control)
GRITGroup Range Indication Type Fire (UK)


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? References in periodicals archive
Transfers to trusts include the most popular-the qualified personal residence grantor retained income trust (GRIT).
Transferring the personal residence: income and transfer tax planning ... by Belkin, Eileen W. / The Tax Adviser
In 1985, the O'Reillys donated 20 shares of stock in their closely held corporation to various grantor retained income trusts with terms of two to four years.
IRS tables can't be used to value remainder interest in low-dividend ... by Journal of Accountancy
Qualified personal residence grantor retained income trusts (residence GRITs) are perhaps the most universally applicable and attractive gift planning device currently available for clients.
Residence (and nonresidence) GRITs by Coplan, Robert B. / The Tax Adviser
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