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Articles Posted in spousal lifetime access trust

What is a Spousal Lifetime Access Trust?
Law Office of Jonathan D. Alexander, Esq.

A Spousal Lifetime Access Trust or “SLAT” is a special type of irrevocable trust.  A SLAT is created by one spouse for the benefit of the other.  The spouse who creates the SLAT is referred to as the grantor and the spouse who receives gifts from the SLAT is referred to as the beneficiary spouse. …

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