Wednesday, April 2nd, 2014
2

Thing For Rich People Confusing

"The Wealth Matters column on Saturday, about a series of complex trusts that can be used to shelter assets from taxes, misidentified one of the trusts being discussed. The trust for the charitably minded that is similar to a grantor-retrained annuity trust, or Grat, is called a Crat, or charitable remainder annuity trust — not a Clat, which stands for charitable lead annuity trust and functions differently."

2 Comments / Post A Comment

KarenUhOh (#19)

Charitable Reasons to Avoid Paying.

Ralph Haygood (#13,154)

Because of course taxes are for the little people, not Persons of Quality.

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