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Should You Consider a Spousal Lifetime Access Trust (SLAT)
What is a spousal lifetime access trust (SLAT)? A SLAT is an irrevocable trust, which means it generally can’t be changed once created. It enables one spouse to make a gift that can benefit the other spouse even while the spouse who made the gift is still alive.
Slat Definition & Meaning - Merriam-Webster
noun. 1. : a thin narrow flat strip especially of wood or metal. 2. slats plural, slang : ribs. 3. : an auxiliary airfoil at the leading edge of the wing of an airplane. slat adjective. slatted.
Should A SLAT Be Part Of Your Estate Planning? - Forbes
A SLAT is an irrevocable trust that you create for the benefit of your spouse. It is also often used to benefit your children or other beneficiaries. Once you create the SLAT, you can make a gift...
SLAT Exam 2024: Application Form & Registration [Official Site]
Since 2018, SET - Law test is known as Symbiosis Law Admission Test (SLAT). This is conducted in Computer Based Test (CBT) mode across various cities of India. A candidate needs to register for SLAT 2024 & also register for the institutes offering his/ her choice of programmes by paying separate programmes registration fees.
Pros and Cons of a Spousal Lifetime Access Trust (SLAT)
What is a spousal lifetime access trust? A SLAT is a type of irrevocable trust created by one spouse (trustmaker spouse) for the benefit of the other spouse (beneficiary spouse) used to transfer money and property out of the trustmaker spouse's estate.
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