Spousal lifetime access trusts (“SLATs”) are a powerful vehicle for lifetime gifting, and with the possibility of a significant decrease in the estate and gift tax exemption amounts in 2021, now is the time to consider incorporating this type of trust into your own estate plan. Webcast offers a primer on SLATs by addressing each of the following topics:

• The benefits of SLATs

• Considerations for trust design

• The Reciprocal Trust Doctrine and how to avoid its reach

• The importance of the gift transaction’s timing