08/11/2024
Learn more about SLAT in this article from Fidelity.com. "With changes to the tax laws only a few years away, estate planning may feel particularly time-sensitive now. "If you're not ready to fund a SLAT or other gifting structure, one option is to draft the legal documents with the attorney, but delay on funding," suggests Klein. That way the trust is ready to receive assets should you choose to go ahead. "If the laws stay as they are, I expect it will be difficult to go into the attorney's office in late 2025, trying to get help creating a SLAT, right before the estate tax exclusion sunsets," Klein explains."
https://www.fidelity.com/learning-center/wealth-management-insights/protect-assets-with-a-SLAT
Who should get a Spousal Lifetime Access Trust (SLAT)