GRATs are particularly handy when interest rates are lownamely, the federal 7520 interest rate, which averaged an unheard-of 0.61 percent during the first 12 months of the pandemic. "Our view is that the substance is more important than the procedure." The initial value of the assets, plus interest calculated at the outset using that months 7520 interest rate, gets disbursed back to the trusts creator in annual installments (annuities) over the lifetime of the trust, which can range from two years to much longerthats up to you. The familys primary focus, typical among dynasties, was to grow and protect its wealth with the goal of passing along as much of it as possible to the children and grandchildren. Through his opposition, Manchin has cast himself as the savior of tradition in an already dysfunctional legislative body and defender of parliamentary procedures for parliamentary procedures' sake.
The substance is more important than the procedure.
( z0 have-degree :ARG1 ( z1 substance ) :ARG2 ( z2 important :ARG1 z1 ) :ARG3 ( z3 more ) :ARG4 ( z4 procedure ) )
(z0 / have-degree-91
    :ARG1 (z1 / substance)
    :ARG2 (z2 / important-01
              :ARG1 z1)
    :ARG3 (z3 / more)
    :ARG4 (z4 / procedure))
The substance is more important than the procedure .
z0 :ARG1 z1
z0 :ARG3 z3
z0 :ARG2 z2
z2 :ARG1 z1
z0 :ARG4 z4