How a Spousal Lifetime Access Trust Shields Your Legacy

Lucas and Luna break down the Spousal Lifetime Access Trust, or SLAT—a strategy that lets couples move assets out of their estate while still accessing them if needed. They walk through a concrete case: a couple with a $15 million estate in 2026, facing a potential estate tax hit of over $4 million. Lucas explains how a SLAT uses the gift tax exemption to create an irrevocable trust for one spouse, with the other as a discretionary beneficiary, effectively freezing the taxable value while preserving financial flexibility. Luna probes the risks: divorce, the 'reciprocal trust' doctrine, and what happens if the beneficiary spouse dies first. They also tie the strategy to the current $13.61 million per-person exemption, which is set to sunset at the end of 2026. If you're a married couple with substantial assets, this episode gives you the specific framework to discuss with your estate attorney. #SpousalLifetimeAccessTrust #SLAT #EstatePlanning #EstateTax #GiftTaxExemption #TrustStrategy #IrrevocableTrust #WealthTransfer #MarriedCouples #LegacyPlanning #TaxSunset #Finance #FexingoBusiness #BusinessPodcast #EstatePlanningWithFexingo #LucasAndLuna #AssetProtection #WealthManagement Keep every episode free: buymeacoffee.com/fexingo