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Free cpece webinars
Understanding Spousal Limited Access Trusts (SLATs): From Basic to Nuance

UNDERSTANDING SPOUSAL LIMITED ACCESS TRUSTS (SLATs): FROM BASIC TO NUANCE

Cost Free
CPE Credits 1.0 hour
Subject Area 1.0 - Taxes (Federal Tax)
CE Credits 1.0 hour
Course Id# - HURS9-T-01444-23-O
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Course Description

This course is designed to provide a comprehensive understanding of the key features, benefits, and limitations of Spousal Limited Access Trusts (SLATs). SLATs are a type of irrevocable trust that is commonly used in estate planning to help spouses transfer assets to their beneficiaries while also preserving some degree of control over those assets. Throughout this course, participants will learn about the key elements of SLATs, including the role of the grantor, the trustee, and the beneficiaries. The webinar will also explore the tax implications of creating and managing SLATs, including gift taxes, income taxes, and estate taxes.

Learning Objectives:


  • Define what a Spousal Limited Access Trust (SLAT) is and explain the key features and benefits of this type of trust

  • Recognize the tax implications of creating and managing a SLAT, including gift taxes, income taxes, and estate taxes

  • Evaluate the potential risks and limitations of a SLAT, including the need to structure the trust carefully to ensure it meets its intended goals and avoids potential conflicts of interest between the grantor and the trustee

  • Outline strategies for creating and managing a SLAT that meets the unique needs and circumstances of a given client

  • Give examples of SLATs to estate planning scenarios, identifying situations in which this type of trust would be appropriate and effective

  • Contrast and compare SLATs to other types of trusts and estate planning tools to determine the best approach for a given client

  • Plan effective communication with clients and other stakeholders about the benefits, risks, and limitations of SLATs and make recommendations based on their specific needs and goals

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Gassman crotty den

Christopher J. Denicolo, J.D., LL.M. is a partner at Gassman, Crotty & Denicolo, P.A., where he practices in the areas of estate, tax, and trust planning, taxation, physician representation, corporate and business law, probate and trust administration, and asset protection.

Mr. Denicolo is the author of several noted articles in the Florida Bar Journal, BNA Tax & Accounting, BNA Estates, Gifts and Trusts Journal, Estate Planning Magazine, and Leimberg Information Services, Inc. He, Alan Gassman, and Kenneth Crotty are the co-authors of the BNA book Estate Tax Planning in 2011 & 2012. 

Mr. Denicolo received a Master of Laws (LL.M.) in Estate Planning from the University of Miami, a Juris Doctor from Stetson University College of Law, a Masters in Business Administration from Stetson University, and a Bachelor of Arts and a Bachelor of Science from Florida State University.

Additional Materials
Webinar Technical FAQs
Frequently Asked Questions
  • To receive CPE credit, you must register for the webinar before it starts.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • To receive CPE for multiple attendees, at least one person must sign up for the webinar. The post-webinar email contains a link to instructions for the proctor letter. Alternatively, you may log in to your account following the webinar and click on the MY ACCOUNT button to find a link to instructions. For paid courses, payment needs to be made for each attendee before credit will be issued.
Nasba

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

Irs

EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

Gassman crotty den

Our firm was formed in 1987 with one lawyer and a shared secretary and receptionist to provide representation to professionals, business owners and retirees in their estate and related tax and personal planning, business and corporate needs.

Since then we have grown to 6 lawyers and over 20 staff, which we have found over the past two decades to be the best size for us. We are very proud of our team, our systems, and our dedication to providing the best and most appropriate legal services for all clients, whether big or small. Our lawyers meet together almost every morning to discuss and work together on cases, strategies and practice improvement projects in order to work the most efficiently and effectively for our clients. We like what we do and enjoy working together.