Business & Finance
CRAT Full Form - What is Full Form of CRAT?
| Full Form: | Charitable Remainder Annuity Trust |
|---|---|
| Category: | Business & Finance |
| Sub Category: | Accounting |
What is Meaning of CRAT?
CRAT is full form Charitable Remainder Annuity Trust
What is Charitable Remainder Annuity Trust?
A Charitable Remainder Annuity Trust is a Planned Giving vehicle that entails a donor placing a major gift of cash or property into a trust. The trust then pays a fixed amount of income each year to the donor or the donor's specified beneficiary.