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SVA Financial Group’s Ponteri Featured in Milwaukee Business Journal Article

By SVA Financial Group | 10/29/2020

SVA Financial Group’s Chris Ponteri, MBA is featured in a guest column for the Milwaukee Business Journal’s Wealth Management Corner with his article titled “Now May be the Time to Consider a Spousal Lifetime Access Trust (SLAT)”.

With the upcoming election and potential tax law modifications, high net worth married couples should determine what they can do to prepare for potential tax changes. One strategy worth consideration is a Spousal Lifetime Access Trust (SLAT). A SLAT is a gift from one spouse to an irrevocable trust for the benefit of the other spouse. Unlike other types of credit shelter trusts, a SLAT is funded while both spouses are still living. The beneficiary spouse can receive distributions from the SLAT even though it is designed to be excluded from the beneficiary spouse’s gross estate and not be subject to estate tax when the beneficiary spouse dies. It may be a good time to take advantage of a SLAT because there could be a decrease in the federal gift and estate tax exemption.    

Chris is a Wealth Manager and Trust Officer with SVA Financial Group. He has over 18 years of experience in the trust industry and specializes in post-death administration of estates and trusts. Chris administers trusts and other fiduciary accounts for high net worth clients and their families. This includes trusts and other individually managed accounts as well as trust services without investment management.

About SVA Financial Group

At SVA Financial Group, we believe quality service is the key to maintaining long-term relationships. Our clients enjoy personal access to the investment and trust advisory professionals who oversee their portfolios. Through this close relationship, we recognize the direct responsibility we have for our clients’ assets and wealth planning.

We work closely with our clients to assist them in defining their investment goals and objectives, taking into account not only their goals and obligations, but also their desires to address the needs of future generations.