Estate Planning

A SLAT is an irrevocable trust created by one spouse for the benefit of the other spouse, who is the beneficiary of the trust. SLATs can be used to protect the assets held by the trust from creditors and to minimize the federal estate tax. In a typical SLAT, the creditors of the donor spouse

Why You Should Include Estate Planning in the Preparation You may have been running around for weeks, getting your new college student off to school. It’s exhilarating, and your heart likely is bursting at the seams. You’re probably prouder than you can say, but you’re a little afraid, too. How can you make sure your

Estate planning is the process of developing a strategy for the care and management of your estate if you become incapacitated or upon your death. One commonly known purpose of estate planning is to minimize taxes and costs, including taxes imposed on gifts, estates, generation skipping transfer and probate court costs. However, your plan must

You don’t need to have a summer house in the Hamptons or a private art collection big enough to rival MOMA to consider yourself the owner of an estate. In fact, virtually anyone who owns anything has an “estate” in the eyes of the law. Although the term may conjure images of expansive country properties,