Leaving Your Lasting Legacy Want to do more with your wealth? You might want to consider creating a charitable foundation. Related Content Saving for College 101 Here’s a crash course on saving for college. Grantor Retained Annuity Trusts (GRATs) Explaining Grantor Retained Annuity Trusts (GRATs) and their benefit to estate strategy. The Richest Man in Babylon In good times and bad, consistently saving a percentage of your income is a sound financial practice.