The Ultimate Guide to Spousal Lifetime Access Trust

Estate Administration, Trust Administration, Will and Trust Beneficiaries

What is a spousal lifetime access trust or SLAT? A Spousal Lifetime Access Trust (also known as a “SLAT”) is an irrevocable trust where one spouse is the grantor, and the other spouse is the beneficiary. The grantor spouse will execute the trust, and the beneficiary spouse will have limited access to the trust assets. […]

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