Word: grantors
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...Kirby claims that he did [the survey] only to show that this was not a good idea,” Feldman said, noting that “the FAS has traditionally protected its role as being the only Ph.D. grantor in the University...
...GRANTOR RETAINED ANNUITY TRUST This lets you fund an annuity that will pay you at a market rate, but with any excess returns remaining in the trust and passing to heirs outside your estate. A typical example would be someone planning to sell a family business within five years. You set up a GRAT with low-priced pre-sale stock. The GRAT pays you back the equivalent of about 8% a year, based on current rates. But actual returns are likely to be far higher when the company is sold. The excess returns stay out of your estate...
...state in which it is located gets it through "escheat," a feudal doctrine by which the land of a man who died without heirs reverted to the original grantor, or lord of the manor. But escheat (from the Latin ex cadere, to fall out) raises prickly problems with such abandoned intangible property as unclaimed checks because the debts involved have no one physical location. Which state is entitled to escheat a debt owed by a company incorporated in New Jersey, with main offices in Pennsylvania, to a person who once lived in Texas but whose last known address...
...feel a partiality toward the grantor of my later degree," said Mr. Gillett in his opening words after speaking of his alma mater, Amherst, and his Law School studies here, "that makes me favor it in its sports and games, which I still find as much interest in as I did many years...
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