In the current environment of uncertainty, many married clients should consider
implementing non-reciprocal spousal lifetime access trusts (SLATs). This strategy
can provide a flexible framework for a wide range of clients. The technique can be
adapted for more modest estates needing life insurance trusts, or to ultra high net
worth clients requiring more aggressive tax oriented estate planning. Regardless of
what happens to the transfer tax system, some variant of this planning is likely to
benefit the client.