| or Call: 408-753-9526

Tweet Me!

Grantor Trust

Areas of Practice:

Power of Attorney
Elder Law
Asset Protection
Estate Planning in San Jose
Health Care Directive

Professional Affiliations

JDSUPRA - Your Legal Intelligence

Member of the State Bar of California

Santa Clara County Bar Association

Anthony Delas Is a Member of the Merchant Circle

Tony Delas Law on Yelp


  • Flat Fee

  • Home Visits

  • Flexible Hours

Grantor Retained Annuity Trust and Grantor Retained Unitrusts (GRAT or GRUT)

GRAT and GRUTs are forms of trust whereby the trust creator (grantor) gifts the remainder interest in the trust property to donees (e.g., children) after receiving income from it for a fixed term of years. The value of the gift is reduced by the value of the grantor's retained income interest as determine by IRS tables. If the grantor survives the GRAT's and GRUT's term, the value of the remaining property for gift tax purposes may be significantly less than its actual value. Very difficult to foreclose on annuity or unitrust interest.