Program Details
2026-07-30 13:00:00
Over 1,000+ webinars
Course Overview
2026-07-30 13:00:00
2h CLE Credits
Intermediate
2
1:00 pm - 1:20 pm ESTA SLAT shifts assets out of the donor’s taxable estate while preserving indirect access through the beneficiary spouse. This session covers how the trust is created, who holds each interest, and how the donor keeps practical benefit.
Christopher M. KlugGina Jeyoung Lee 1:20 pm - 1:40 pm ESTToday’s lifetime gift tax exemption is permanent and historically high, but a future Congress could still reduce it. This session shows how to deploy it through a SLAT now and size gifts to capture the full available shelter.
Christopher M. KlugGina Jeyoung Lee 1:40 pm - 2:00 pm ESTA properly structured SLAT shields transferred assets from estate and gift tax while handling trust income efficiently. This session compares grantor and nongrantor income tax treatment and shows how to align it with the client’s transfer tax goals.
Christopher M. KlugGina Jeyoung Lee 2:10 pm - 2:30 pm ESTWhen both spouses create trusts for each other, the reciprocal trust doctrine can unwind the planning and pull assets back into both estates. Learn to differentiate paired SLATs in terms, timing, and powers to keep the transfers intact.
Christopher M. KlugGina Jeyoung Lee 2:30 pm - 2:50 pm ESTA SLAT depends on the marriage, so divorce or the premature death of the beneficiary spouse can cut off the donor’s indirect access. Examine the floating-spouse provisions and powers of appointment that protect the donor if the marriage ends.
Christopher M. KlugGina Jeyoung Lee 2:50 pm - 3:10 pm ESTGifting qualified small business stock to a nongrantor SLAT creates a separate taxpayer that can multiply the Section 1202 gain exclusion. Learn how stacking works, when the stock and trust qualify, and how it pairs with the SLAT’s estate benefits.
Christopher M. KlugGina Jeyoung LeeChristopher M. Klug is a Partner and Co-Founder of Basswood Counsel (formerly Klug Counsel PLLC), an international tax planning attorney who represents businesses and individuals in domestic and international taxation, tax controversy, corporate and business planning, mergers and acquisitions, cross-border transactions, domestic and international estate planning, and trust administration. Drawing on decades of practice that pairs large-firm training with a hands-on boutique approach, he works alongside each client’s financial advisors, accountants, and leadership team so that tax strategy aligns with the client’s larger goals.
Gina Jeyoung Lee is a partner and co-founder of Basswood Counsel and a tax and estate planning advisor with extensive experience in U.S. tax law and tax treaties. She provides strategic counsel on individual and business tax planning, compliance, and controversies, along with domestic and international estate planning, and has been instrumental in helping clients with new business entity formation and fund formation while keeping them compliant with corporate regulatory requirements. She is known for understanding each client’s circumstances and tailoring her advice to their needs.
Christopher M. Klug is a Partner and Co-Founder of Basswood Counsel (formerly Klug Counsel PLLC), an international tax planning attorney who represents businesses and individuals in domestic and international taxation, tax controversy, corporate and business planning, mergers and acquisitions, cross-border transactions, domestic and international estate planning, and trust administration. Drawing on decades of practice that pairs large-firm training with a hands-on boutique approach, he works alongside each client’s financial advisors, accountants, and leadership team so that tax strategy aligns with the client’s larger goals.
Gina Jeyoung Lee is a partner and co-founder of Basswood Counsel and a tax and estate planning advisor with extensive experience in U.S. tax law and tax treaties. She provides strategic counsel on individual and business tax planning, compliance, and controversies, along with domestic and international estate planning, and has been instrumental in helping clients with new business entity formation and fund formation while keeping them compliant with corporate regulatory requirements. She is known for understanding each client’s circumstances and tailoring her advice to their needs.
Requirements
The Alabama State Bar MCLE Commission requires attorneys to complete 12 credits, including 1 ethics, by December 31 of each year. All credits must be reported by February 15 of the following year. A maximum of 12 credits, including 1 ethics credit, may be carried over for 1 year only.
Formats
