Why A SLAT Can Be A Good Tax Planning Tool
Verrill attorneys Katharine B.M. Brite and Matthew J. Leonard co-wrote the article "Why A SLAT Can Be A Good Tax Planning Tool" published in Financial Advisor. The article reviews the Tax Cuts and Jobs Act of 2017 and how it impacts gift giving and spousal lifetime access trusts (SLAT). Specifically, Katharine and Matthew review what qualifies as a gift, why SLAT is a good tax planning tool, and what considerations you might want to make in your tax plan.