The best replacement for grantor trust is living trust.

The best alternatives to grantor trust are rated as following:
★★★★★  living trust
★★★★  non grantor trust
★★★  trust under agreement
★★★  simple trust
★★★  revocable trust
★★  complex trust
★★  irrevocable trust
★★  irrevocable
★  remic
★  revocable living trust
★  owner trust
★  non-grantor trust
  rabbi trust
  defective grantor trust
  qsst

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