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Spousal Lifetime Access Trusts - Why are they so popular? episode artwork

EPISODE · Oct 9, 2024 · 12 MIN

Spousal Lifetime Access Trusts - Why are they so popular?

from The Willie and Trusty Show about Estate Planning · host Klaus Gottlieb

The episode discusses the potential surge in the use of Spousal Lifetime Access Trusts (SLATs) as a popular estate planning tool. The increase is driven by anticipated changes in tax laws, particularly the reduction of estate and gift tax exemptions, which may occur after 2025. SLATs allow one spouse to transfer assets to an irrevocable trust for the benefit of the other spouse while keeping the assets outside of their taxable estate. The article highlights the flexibility and tax advantages of SLATs, especially as individuals look to lock in higher exemption amounts before they are reduced. Read https://perma.cc/29PY-8RLQ

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Spousal Lifetime Access Trusts - Why are they so popular?

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This episode is 12 minutes long.

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This episode was published on October 9, 2024.

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The episode discusses the potential surge in the use of Spousal Lifetime Access Trusts (SLATs) as a popular estate planning tool. The increase is driven by anticipated changes in tax laws, particularly the reduction of estate and gift tax...

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