The Grantor Retained Income Trust (GRIT) has been used only rarely in farm and ranch estate planning, partly because of uncertainties associated with how death would impact the arrangement. What use has been made of GRITS has often involved the residence.
"Reacquiring the Residence From a Grit,"
Agricultural Law Digest: Vol. 6
, Article 1.
Available at: http://lib.dr.iastate.edu/aglawdigest/vol6/iss18/1