Definitions for "Grantor Trust"
an eligible shareholder of an S Corp
This type of fund structure distributes dividends directly to shareholders and allows investors to retain their voting rights on the underlying securities within the fund. The original fund components of the index remain fixed and this ETF structure is not registered under the SEC Investment Company Act of 1940. Merrill Lynch’s HOLDRs follow this format.
ETF that at creation follows an index but remains static and does not attempt to track it. HOLDRs are main adherents to this form of ETF.
Keywords:  settlor, revocable, irs, taxable, trust
Under US tax law, income of the trust is taxed as the income of the grantor.
A trust over which a grantor retains enough control over a period of time that the property in the trust is considered to belong to him or her for income tax purposes.
a trust established to shift the income to someone who is taxed at a lower rate than the grantor for a period of 10 years or more
A nontaxable entity often used by corporations to issue asset-backed securities.