Trust Acronyms. Enough Already?

In his Wealth Matters column Paul Sullivan delves into the mysterious world of trust acronyms and trips only once, referring to CRATs as CLATs.

What do you say, tax planners? Time for less argot, more clarity?

3/31 Update: Sent Sullivan an email pointing out he hadn't quite made it unscathed through the thickets of trust acronyms. This morning he thanked me for my note, which may have been the friendliest he got.

 "As you may recall from your years of writing about trusts, get one thing wrong and a swarm of t&e attorneys attacks you like a hive of angry bees."