Welcome to TaxView with Chris Moss CPA Tax Attorney Do you all own a family business and want to start the process of transferring ownership to your children without getting hit with large gift and estate taxes? Best practice suggests you consider gifting to your minor children, or if you are the older children, have …
September 2015 archive
Sep 02
Domestic Asset Protection Trusts DAPTs SLATs
Welcome to TaxView with Chris Moss CPA Tax Attorney Domestic Asset Protection Trusts (DAPTs) and Spousal Lifetime Access Trust (SLATs) appear to be best practice in 2015 for Asset Protection and Estate Tax Reduction. The SLAT, which is nothing more than a DAPT for a family allows your Husband Grantor Settlor to appoint you his …