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...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...

Author: /time Magazine | Title: Families: Of Man's Estate | 5/15/2000 | See Source »

Return of the Bad Men (RKO Radio] has enough bad men in the cast to stock a year's output of westerns. It includes such semi-legendary desperadoes as Billy the Kid, Wild Bill Doolin, Wild Bill Yeager, The Arkansas Kid, Cole, Jim & John Younger, Emmett, Bob & Grat Dalton, and the Sundance Kid. Unfortunately, it turns out to be a case of too many crooks: most of these villains, though fairly well cast and reasonably picturesque, merely get in the way of each other's villainy...

Author: /time Magazine | Title: The New Pictures, Aug. 16, 1948 | 8/16/1948 | See Source »

...induction during a term in which they are actively in attendance, may ask for postponement of induction until the end of the term. If the board finds that a man entered before he was eighteen, and was in attendance during a term, and in good standing, they will grat postpoement to the end of the term...

Author: NO WRITER ATTRIBUTED | Title: The Mail | 9/28/1945 | See Source »

...brother of the three notorious Dalton Boys, oldtime Western desperadoes whose exploits filled many a dime novel; in an insane asylum in Supply, Okla. Still living in Hollywood is Brother Emmett, who in 1892 participated in the Daltons' ill-fated Coffeyville, Kans. raid in which Brothers Bob and Grat were killed...

Author: /time Magazine | Title: Milestones, Mar. 30, 1936 | 3/30/1936 | See Source »

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