What Is a CRAT (Charitable The remaining Annuity Trust)?
What Is a Charitable Remainder Annuity Trust (CRAT)? A charitable remainder annuity trust (CRAT) is a type of gift transaction in which a donor (also known as a “grantor,” “trustor,” or “benefactor”) contributes assets to an irrevocable trust that then donates to one or more charities while also paying a fixed income to one or