SLATS-What provisions are put in to avoid reciprocal trust between 1 and 2?

By InterActive Legal Support Team Last updated Apr 4, 2022

The differences in these two profiles are discussed in the “SLAT” drafting guide (you can access it in the program’s Resource Library).

Limited Access

This content is for InterActive Legal subscribers only.

If you are an InterActive Legal subscriber, please login to view this content.

If you are a non-drafting user, your access is limited to recommended software training classes.

If your subscription has expired and you would like to renew, please email renewals@interactivelegal.com

If you need additional assistance, please email
customerservice@interactivelegal.com

InterActive Legal Support Team 14 posts 0 comments

In most of your trusts, but in particular the SLATS and SPATS, you often limit the trustee’s power to distribute principal to a trustee who is not an interested trustee.

SLATS- Is there a way to exclude Family Trust, but keep spouse a trustee of SLAT during life?

Comments are closed.

Content Support Notice

InterActive Legal Content Support is designed for drafting questions and explaining options within the program, and we cannot advise on legal matters or best practices.

For substantive questions, we recommend seeking input from other members of the InterActive Legal community by posting your question to our Estate Planning and Elder Law Discussion Forum. That will allow you to obtain other perspectives on the best structure of the plan, and it is possible that others more familiar with your state law will be able to provide additional guidance.

Legal Discussion Forum

SLATS-What provisions are put in to avoid reciprocal trust between 1 and 2?

This content is for InterActive Legal subscribers only.

Follow Us @heystudio