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The amount of the annuity payment that is needed to be paid to the Grantor/Trustmaker throughout the term of the GRAT is calculated using an interest rate that is identified regular monthly by the IRS called the section 7520 rate.
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It is,however,needed Having to go through the probate process is a time consuming arduous ordeal for even the most patient person and last for anywhere from nine months to two years,longer if contested steveblisslaw com The Law Firm Of Steven F.Bliss is an estate planning attorney in San Diego.
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This generally indicates the trust will go on until the beneficiary’s death or till the funds are expunged.
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