Join us on Tuesday, January 23 for our first teleconference of 2024!

Spousal Lifetime Access Trusts — A Fleeting Opportunity!

When:  Tuesday, January 23. 12:30—Bring your lunch! 1:00 - 2:30—Teleconference

Location:  Berkshire Bank Wealth Management, 25 Main St., Lenox, MA

RSVP:  Marianne Fresia. Click button below.

Fee:  Free for members; $20 for non-members. Pay via PAYPAL or mail a check: Donna Turner, Smith Watson & Company LLC, 7 North Street, Suite 205, Pittsfield, MA 01201. Thank you!

The Tax Cuts and Jobs Act brought historically high estate and gift tax exemptions.  With the seemingly inevitable “sunset” of the Act looming on the horizon, spousal lifetime access trusts (SLATs) have been widely promoted in recent years as the best “have-your-cake-and-eat-it-too” estate planning strategy out there. 

In this program, we’ll explore several aspects of the design, creation, and administration of SLAT, including:

• Purpose

• How best to fund to minimize estate risk

• Current & future beneficiaries

• Initial & successor trustees

• Pitfalls to avoid