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Dictionary

  Definition of Clifford trust
  1. 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
Similar Words: grantor trust

 

 
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develop means come to have or undergo a change of (physical features and attributes); "He grew a beard"; "The patient developed abdominal pains"; "I got funny spots all ... more
 
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