Search Results for: slat
What is a SLAT?
While a slat is commonly known as a thin, narrow strip or bar of wood or metal, a SLAT is also known to estate planning professionals as a Spousal Lifetime…
Now is the time to explore a Spousal Lifetime Access Trust (SLAT)
…spouse dies. There are many advantages of SLATs. Below are some FAQs regarding SLATs: What Is a SLAT? A SLAT is a gift from one spouse (the donor spouse) to…
Estate Planning for 2021 and Beyond: SLATs
…tax. We have recently received unprecedented interest in SLATs due to President-elect Biden’s tax plans to raise estate taxes. Now is the time to explore SLATs before it’s too late….
Client Case Study: Tax Savings Now
…in 2020 should be advised to use their gift exemptions before they may be changed. There are many gifting strategies consider now including spousal lifetime access trusts (SLATs). SLATs are…
Tax Strategies to Explore Now
…Access Trusts (“SLATs”) remain an excellent option for many clients. At its most basic, a SLAT is a gift from one the donor spouse to an irrevocable trust for the…
New Tax Planning Opportunities for High Income Individuals
…decreasing and rates rising. Planning Opportunities ■ Married individuals should consider establishing non-reciprocal Spousal Lifetime Access Trusts (SLATs) to protect assets from potential federal estate taxes if the federal estate…
Short Lived Planning Opportunities for the Rest of 2012
…a chosen age or be maintained for generations. 4. Spousal Lifetime Access Trust (SLAT): For couples reluctant to actually make asset transfers to children because they are no longer able…
Tax Planning Opportunities for Business Owners
…established for the primary benefit of their spouse (a SLAT), and subsequently for children and grandchildren, by use of the larger gift and generation skipping transfer tax exemptions currently available…
Tax Planning Opportunities for High Net Worth Individuals
…Act. Gifts may be made outright or using a variety of trusts (such as SLATs, IDITs, and/or dynasty trusts) to keep the valued family real estate intact for the family….
The big question on a tax increases is not “if” but “when”
…of $5.0 million, which will effectively raise estate taxes on many of our clients. Many of our clients are actively creating SLAT trusts to gift substantial assets this year to…