Brent chats with Martin Shenkman about spousal lifetime access trusts (SLATs). They discuss the many variations of these important estate planning tools, from irrevocable life insurance trusts (ILITs), traditional SLATs, special power of appointment trusts (SPATs), and domestic asset protection trusts (DAPTs). They explain the pros and cons of each and have lots of laughs in between.

You can read an excellent article Marty wrote on the topic for Forbes here: https://www.forbes.com/sites/martinshenkman/2023/03/12/back-end-slats–a-slat-ilit-dapt-or-spat-by-another-name/?sh=78e280a83ac0

Martin Shenkman is an attorney in private practice in Fort Lee, New Jersey and New York City. His practice concentrates on estate and tax planning, planning for closely held businesses, and estate administration. Martin is a regular source for numerous financial and business publications, including The Wall Street Journal, Fortune, Money, The New York Times, and others. He has appeared as a tax expert on numerous public and cable television shows including The Today Show, CNN, NBC Evening News, CNBC, MSNBC, and CNN-FN. He is a frequent guest on radio talk shows throughout the country and has a regular weekly radio show on Money Matters Financial Network. Martin is also a well-known author, having published 42 books and more than 1,000 articles.

You can learn more about Martin here: https://shenkmanlaw.com/.

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The Many Forms of Spousal Lifetime Access Trusts (SLATs)