What is the meaning of Clifford trust?

noun

  • 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.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). clifford trust. Retrieved September 23, 2026, from http://smartdefine.org/clifford_trust/definitions/1242959
ChicagoWordNet. 2010. "clifford trust" http://smartdefine.org/clifford_trust/definitions/1242959 (accessed September 23, 2026).
HarvardWordNet 2010, clifford trust, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/clifford_trust/definitions/1242959>.
MLAWordNet. "clifford trust" 23 October 2010. Web. 23 September 2026. <http://smartdefine.org/clifford_trust/definitions/1242959>
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