Why Spousal Lifetime Asset Trusts (SLAT) Aren’t for Everybody

Jamie Hargrove

By Jamie Hargrove, J.D.

For almost a 12 months, Congress has debated proposals for modifications to federal property and reward tax legal guidelines. The organizing precept of all this dialogue appears to be lowering the amount of cash that people can reward or go away of their estates freed from reward and property taxes. Whereas initially, the Democratic-led Congress focused a considerable discount within the reward and property tax exemption, just some weeks in the past this goal and different main modifications to the reward and property tax legal guidelines had been dropped from the proposed invoice.

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