GRAT setup involves selecting the term and annuity amount, drafting the trust with required 2702 provisions, obtaining appraisals for contributed assets, and transferring property to the trustee.Many GRAMs are "zeroed-out," making the calculated gift close to zero. Funding often favors volatile or high-potential assets; rolling short-term, successive GRATs can manage timing risk.Administration tracks annuity payments, valuations, and tax reporting while maintaining grantor-trust status for income-tax efficiency.

Teams draft the GREAT, set term and annuity amount, obtain appraisals, and transfer assets.Administrators calendar annuity payments and maintain records. Advisors coordinate liquidity to make payments and evaluate new GRADs annually.