The Spousal Lifetime Access Trust (SLAT)

The Spousal Lifetime Access Trust (SLAT)

Did you know that many, if not most, estate plans are designed to protect and transfer assets? For some high-net-worth individuals, there may be many kinds of trusts that can be used to transfer wealth to the next generation. One of those trusts is a Spousal Lifetime...
Arbitration Clause in Trust Agreements

Arbitration Clause in Trust Agreements

Did you know that the Federal Arbitration Act in 1925 did not include enforcement of a mandatory arbitration clause in a will or trust document because, generally, arbitration clauses must be agreed to in writing by both parties, as in a contract? Usually, a person...