Melissa Gonzalez and Adam Gottlieb “Take 5” to discuss why today’s economic environment makes SLAT more effective for estate planning. SLAT, or spousal lifetime access trusts, are irrevocable trusts that one spouse creates for the benefit of his or her family. Often, they are used to allow limited access for the trustee to make distributions to the spouse. These can be a good way of utilizing the large gift exclusion without a transfer tax. However, downfalls include death of a spouse or divorce.

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This video presentation and the commentary of the presenters are intended solely as general guidance on the subject matter. They are not intended to and should not be relied upon to address specific client situations. Nor are they intended to be interpretations of laws or regulations, and they should not be relied upon as such. You should not act or rely on any information contained herein without seeking the advice of a professional familiar with the subject matter.

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