Spousal Lifetime Asset Trust May Be the Answer to Uncertainty

Published On: 06/13/2017

Happy-old-coupleThe uncertainty of tax reform can make it challenging to plan.

The uncertainty of the tax reform plan moving through the Congressional process brings up the possibility of considering a spousal lifetime asset trust, according to Wealth Management in "SLATs Provide Flexible Plans for Many Clients."

Like any other trust, SLATs do not have to go through probate. They also offer estate tax and capital gains tax benefits.

They key thing about them, is that they are an extremely flexible form of trust. They are more adaptable to changing circumstances than many other trusts.

That makes them a great tool for uncertain times, when no one can be certain what the tax future will look like.

An estate planning attorney can guide you through the process of creating an estate plan that fits your unique circumstances and may include a SLAT. Call (443) 470-3599 today and schedule a consultation with Maryland Attorney Britt L. Stouffer to learn more about Estate or Elder Law and how she can help you.

Reference: Wealth Management (May 15, 2017) "SLATs Provide Flexible Plans for Many Clients."

To learn more or get started on your estate plan, just schedule a time to visit us for a no obligation complimentary consultation.

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Britt Stouffer

Britt L. Stouffer is a Maryland attorney experienced in Estates, Trusts, and Elder Law. With over 10 years of experience in Estates and Trusts, she has learned to appreciate how unique each client truly is. On a typical day, you will find her working on Wills, Revocable Living Trusts, Powers of Attorney, Advance Medical Directives, Tax Planning cases, Estate Administration filings, Petitions for Guardianships, Special Needs Planning, and Asset Protection.

658 Kenilworth Dr., Ste. 203, Towson, MD 21204



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