))
SLATs and the Case of McKim vs. McKim
Manage episode 366835551 series 3486035
Content provided by McGuireWoods. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by McGuireWoods or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Steve Murphy, chair of the private wealth services group, dives deeper into the subject of SLATs in this episode. SLATs can work well with estate tax benefits and creditor protection benefits, all while giving the spouse access, flexibility, and control. But in the event of death or divorce, suddenly some of those advantages evaporate. To explain this, Steve explores the case of McKim vs. McKim, which presents a challenging situation where the husband set up a SLAT with his wife as beneficiary and trustee however, they divorced.
27 episodes
Share
