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Definitions and Synonyms of clifford trust | Another word for clifford trust | What is clifford trust?

Definition 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 - [noun denoting possession]

Synonyms for clifford trust in the sense of this definition

(clifford trust is a kind of ...) something (as property) held by one party (the trustee) for the benefit of another (the beneficiary)

"he is the beneficiary of a generous trust set up by his father"

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