Rolling GRAT is a term used to describe a situation where the grantor uses the annuity payout to fund a new GRAT each year. Typically, each GRAT will be a zero or minimum gift (maximum annuity) GRAT for a two-year duration.
Rolling GRATs are always assumed to be structured as a series of two-year maximum annuity GRATs. This is the only option allowed in the program. In addition, the GRATs will not be illustrated for a period that will cause the last two-year GRAT to terminate after the grantor’s death.
Click the Edit button to set the specifications of the GRAT: