The trust that bets on your marriage.

Is a spousal lifetime access trust (SLAT) worth it? A spousal lifetime access trust lets one spouse move up to $15 million out of both estates while the other spouse can still draw on it, which keeps the household's standard of living intact. The price is paid elsewhere: the gift is irrevocable, access ends with death or divorce, heirs give up the step-up in basis, and a his-and-hers pair must survive the reciprocal trust doctrine. Weighing those honestly is the whole decision. Full transcript and show notes: https://consideratecapital.com/podcast/slat-pros-and-cons This content is for educational purposes only and is not investment, tax, or legal advice. Considerate Capital is a registered investment adviser in Illinois. Past performance does not guarantee future results. All strategies involve risk, including the potential loss of principal. Please consult your own tax, legal, and financial advisors regarding your specific situation.