The Spousal Lifetime Access Trust, or SLAT, has become one of the most popular estate planning strategies employed by married couples. It is an irrevocable trust created by one spouse (the “grantor”) ...
Few interior design styles have lasted as long as mid-century modern. Add this classic DIY slat wood storage cabinet to your ...
SLATs have been the planning acronym du jour for several years. You create a trust for your spouse and perhaps other beneficiaries, and your spouse creates a trust for you and other beneficiaries. The ...
We recently did a blog post on Intentionally Defective Grantor Trusts (IDGT). We can use these trusts to gifts assets during lifetime to the next generation with some additional estate planning ...
It’s been four years since Boyan Slat first stood on a TED stage and proposed his massive ocean cleanup machine. The Dutch entrepreneur was only 17 at the time and still in high school. But he’s since ...
Four-and-a-half years ago, Boyan Slat, then just a teenager, first proposed a massive marine cleanup device that would travel the ocean, sucking up trash. What at the time might have seemed like an ...
Spousal lifetime access trusts, also known as SLATs, were a popular vehicle during the past two years for financial advisors seeking estate planning strategies to get ahead of potentially lower ...
A new law was recently passed in Florida that will allow a grantor spouse of a Spousal Limited Access Trust (SLAT) to be added as a beneficiary of the SLAT following the death of the beneficiary ...
Booth is a reporter at TIME. Photo-Illustration by TIME (Source Image: Courtesy Boyan Slat) As if entangling wildlife and contaminating seafood weren’t enough, ocean plastic may be sabotaging the ...