While chocolates and flowers are nice gestures in February, a spousal lifetime access trust (SLAT) can make a more lasting gift, especially with the record-high estate tax exemption set to decrease drastically in 2026. In general terms, a SLAT is a trust that allows you to transfer your assets (for example, your accounts, money, and property) to your spouse while minimizing estate taxes and shielding those assets from probate and potential creditors. Read more to discover the world of SLATs.

While the gift of a qualified terminable interest property (QTIP) trust may not be the most romantic Valentine’s Day gesture, read more to learn about how it could prove to be more thoughtful, caring, and valuable than an off-the-shelf purchase.

Appointing Your Legacy: A Guide to Using a General Power of Appointment Trust to Protect Your Spouse

Through sickness and health, thick and thin, you and your spouse have been there for each other. You may even share almost everything, including your estate plan. That plan expresses the love and trust you have built over the years. Read more to ensure that you and your spouse will be financially and legally taken care of when something happens to one of you.

This information is for educational purposes only and cannot be considered legal advice, nor does the receipt of this newsletter create an attorney client relationship.