By: Kimberly A. Paton, Esq., The Paton Law Firm, LLC For most of us, our home is our biggest investment; and not just our biggest financial investment. We raise our children here, plant in our gardens, maintain the lawns, add patios for family barbecues. We spend our holidays together and have the children’s growth charts …
What is a Spousal Lifetime Access Trust (SLAT)? By Kimberly A. Paton, Esq. A SLAT is a type of Irrevocable Trust that can help save Federal Estate Taxes after both spouses die. The very generous current Tax exemption (approximately $12 million per spouse) is scheduled to sunset December 31, 2026. Therefore, more people need to …
Is a Name Change Required? By Kimberly A. Paton, Esq. Oftentimes, people think that a person officially changes their name to get a “fresh start”, such as after a marriage with a traditional name change or a couple forming a new, combined name; reverting to a maiden name after a divorce; because of a bad …