GRANTOR RETAINED ANNUITY TRUST - GRAT
Estate planning method minimizing the tax liability that exists when intergenerational transfers of estate assets appear. A special type of irrevocable trust is created for a particular term or time period. The individual forming the trust pays a tax in the event the trust is established. Assets are placed under this trust and an annuity is paid out annually. When the trust reaches its maturity, the beneficiary gets the assets tax-free.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |


