A spousal lifetime access trust (SLAT) is a popular estate-planning tool for married couples, particularly those who don’t have the means (or desire) to permanently transfer wealth outside of the marital estate. A SLAT is usually structured as a pot trust in which the grantor’s spouse and descendants are discretionary current beneficiaries. SLATs can be powerful tools because they give their grantors indirect access to completed gifts. Using a SLAT, grantors can give away their full lifetime
All access premium subscription
Please Log in if you are currently a Trusts & Estates subscriber.
If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.
Questions about your account or how to access content?
Contact: [email protected]