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grantor trust

1.a trust established to shift the income to someone who is taxed at a lower rate than the grantor for a period of 10 years or more

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  • Idiom of the Day

    tail between one`s legs
    feeling ashamed or beaten
    The salesman resigned from his company with his tail between his legs after he told a lie about his expense account.

    The past participle of 'feel'is ________

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