SLATS — Spousal Lifetime Access Trusts

While historically high federal transfer tax exemptions remain in effect, the Spousal Lifetime Access Trust (“SLAT”) (also sometimes referred to as a Spousal Estate Reduction Trust, or “SERT”) remains one of the most effective planning techniques for married clients....

Commonly Asked Questions on Funding Revocable Trusts

Congratulations, you just signed your Will and your Revocable Trust.  You set out clear directions on how your assets should pass at your death.  Your heirs will be grateful.  But there is more you can do to ease the burden of estate administration – you can...

Federal Trade Commission’s New Trade Regulation Rule

On April 1, the Federal Trade Commission’s (“Commission”) new Trade Regulation Rule (“Rule”) to combat those that impersonate government entities went into effect. The Rule enables the Commission to directly pursue federal action against scammers who may face civil...

Insurance Practice Group Update: Spring 2024

Wiggin and Dana’s Insurance Practice Group has published a recent Insurance Update. We are pleased to offer these periodic updates, with summaries of recent cases and legislation or regulations of interest, as well as the Group’s recent activity. To view our...