Articles Posted by our Members

What is a Spousal Lifetime Access Trust (SLAT)?

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?

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…

Get ready for 10-Digit Dialing

Coming from our member, Tina Lyding of Voicecom Plus, residents of multiple states, including New York and New Jersey, will soon be required to dial all 10 digits to make local calls within their areas code. Many people already have to use 10-digit dialing because of area code “Overlays.” An ‘Overlay’ is a region where more…