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https://www.wellsfargo.com/the-private-bank/insights/planning/wpu-leveraging-spousal-lifetime-access-trust/
What is a Spousal Lifetime Access Trust? A Spousal Lifetime Access Trust (“SLAT”) is an irrevocable trust created by one spouse for the benefit of the other as well as additional family members, most commonly children and/or grandchildren. ... If not carefully drafted, the trust can also result in the continued support of an estranged ...
https://www.kmgslaw.com/knox-law-institute/publications/spousal-lifetime-access-trusts-slats-not-just-for-the-rich-and-famous
Apr 02, 2018 · This trust is known as a “Spousal Lifetime Access Trust” or a “SLAT.” Note that whether it is an interest in a family business or a different asset, any asset transferred by Husband to the SLAT must be Husband’s separate property. In other words, the asset must be in Husband’s name alone.Location: 120 W. 10th St, Erie, 16501, PA
https://www.forbes.com/sites/greatspeculations/2012/08/09/spousal-lifetime-access-trusts-use-your-gift-tax-exemption-without-giving-it-all-away/
Aug 09, 2012 · Spousal Lifetime Access Trusts--Use Your Gift Tax Exemption Without Giving It All Away ... The trust property is not subject to estate taxes upon the death of either spouse. ... there must be a ...Author: Great Speculations
http://www.disinherit-irs.com/brochures/Spousal_Lifetime_Access_Trusts.pdf
principal within the reach of the donor is a Spousal Lifetime Access Trust (“SLAT”). In simple terms, a SLAT is an irrevocable trust set up by one spouse for the benefit of the other spouse. For example, assume a husband creates a SLAT for the benefit of his wife …
https://brooklyntrustandwill.com/exploring-spousal-lifetime-access-trust-slat/
Apr 07, 2018 · The Spousal Lifetime Access Trust (SLAT) is an irrevocable trust that benefits the donor’s spouse and children. Through a SLAT, a donor may reduce a spouse’s exposure to estate taxes at death by taking advantage of the gift tax exemption. What does a Spousal Lifetime Access Trust do?4.9/5(207)
https://pozzuolo.com/2017/10/spousal-lifetime-access-trust-slat/
Oct 09, 2017 · A Spousal Lifetime Access Trust (“SLAT”) is a form of “bypass trust” created during life rather than at death. ... may want to include a provision that a divorce will treat your ex-spouse as predeceased and that after a divorce the trust assets are for the health, support, maintenance and education of your joint children. However, it ...
http://www.naepcjournal.org/issue/30a/
Spousal Lifetime Access Trust. Susan P. Rounds, JD, CPA, LL.M. (taxation), AEP®, TEP. Under the Tax Cuts and Jobs Act enacted in December 2017, the exemption amount against gift and estate taxes has doubled from the previous $5 million per person/$10 million per married couple to $10 million per person/$20 million per married couple.
https://library.wilmingtontrust.com/wealth-planning/making-sense-of-spousal-trusts
Making Sense of Spousal Trusts. One of the most effective ways to provide for your spouse after your death is through the use of what is commonly called an “A/B” trust arrangement, or a spousal trust. This type of trust not only provides a financial resource for your spouse, but it also assures that your assets are ultimately distributed ...
https://ca.rbcwealthmanagement.com/delegate/services/file/265539/content
The Testamentary Spousal Trust What do you do? You can consider using a testamentary spousal trust as a component of your estate planning strategy. With the testamentary spousal trust a portion of your assets would be held in trust for your spouse for her lifetime. All the income from the assets would be paid to the spouse for her support.
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