SLATs—Spousal Lifetime Access Trusts

Spousal Lifetime Access Trusts (“SLATs”) may be the most common planning technique for married clients to use in 2020. A SLAT is an irrevocable trust where the spouse is a permitted beneficiary. It allows married clients to take advantage of the high gift tax...

Dynasty Trusts

An effective way to pass wealth, growth and income to future generations is through the use of a Dynasty Trust. A Dynasty Trust (sometimes also referred to as a Generation-Skipping Trust), is an irrevocable trust that continues for as long as the applicable state law...

Estate Planning and the 2020 Election

Election Day is around the corner. Federal gift and estate tax exemptions are at an all-time high and interest rates are historically low. Many commentators believe that there will be no major changes to federal gift and estate tax laws as long as Republicans control...

Supreme Court Update: OT20

Greetings, Court Fans! It’s the first Monday of October, which means we’re back for another term of Court-tracking. Of course, OT20 is not just another term. We begin short-handed, following the death of the inimitable Justice Ginsburg just over two weeks ago. The...