Steve Murphy, chair of the private wealth services practice group at McGuireWoods, discusses the Spousal Lifetime Access Trust, also known as the SLAT. Steve explains the rights that your spouse ...

Transfers of appreciating assets to spousal lifetime access trusts (SLATs) have become an increasingly popular and flexible estate planning technique. By making a completed gift now, a donor can ...

A Spousal Lifetime Access Trust (SLAT) can help solve this issue. It is very similar to an IDGT in that the income of the trust is taxed to the donor during lifetime, however, the assets are ...