TEMPORARY REPEAL: PROBLEMS AND OPPORTUNITIES

Require a Minimum Term for Grantor Retained Annuity Trusts (GRATS) The proposal would require that a GRAT have a minimum term of ten years. The remainder interest would have to have a value greater than zero. The annuity could not be reduced during the GRAT term. There would be a maximum term equal to the grantor’s life expectancy plus 10 years. ................
................