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A financial representative can provide more information about trust services and considering Northwestern Mutual as your trustee A last will and testament takes care of any property that must be probated A Grantor Retained Annuity Trust,or GRAT for brief,is an unique type of irrevocable trust that permits the Trustmaker/Grantor to gamble versus the odds and,if the Trustmaker/Grantor plays their cards right,then a considerable amount of wealth can be moved down to the next generation for essentially no estate or gift tax dollars These will allow the personal representative to carry out his or her duties in probating the estate.
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