Posts Tagged: crats
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."