3 ms·
If you put assets in a GRAT you can't borrow money against it
by missedthecue 4y ago
If you put assets in a GRAT you can't borrow money against it
- sokoloff 4y agoThis is correct; GP mis-typed the income angle. Instead of taking loans as typed, the grantor retains the right to receive an annuity stream over the trust's term.
- kasey_junk 4y agoRight. What I meant is you can get the loans against the balance before putting it into the trust and after the trust itself provides the income.