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clifford trust

 

Definitions from WordNet

Noun clifford trust has 1 sense
  1. Clifford trust, grantor trust - 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
    --1 is a kind of trust

Definitions from the Web

Clifford Trust

Noun: A type of trust established for the purpose of protecting assets and providing financial security to the beneficiaries.

Sample Sentence: The Clifford Trust ensured that the family's wealth and properties would be safeguarded for generations to come.

Adjective: Referring to or relating to the establishment of a Clifford Trust.

Sample Sentence: The attorney specialized in the creation of Clifford Trusts to assist clients in protecting their assets.

Verb: To set up or establish a Clifford Trust for the purpose of asset protection.

Sample Sentence: The billionaire decided to Clifford Trust his vast fortune to ensure his children's financial security.

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