This is less than the premium of about 30% on current market annuity rates.

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With a GRAT, the owner of a company can transfer stock in the firm into a trust for the benefit of heirs and take back an annuity representing the current value of that stock plus a government-specified interest rate, currently 1%.

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Current low interest rates and depressed asset values also make the charitable lead annuity trust especially appealing for some people.

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