![concept-piece-download-70043-funding-a-spousal-lifetime-access-trust](https://cdn.ashbrokerage.com/uploads/_960x600_crop_center-center_none/concept-piece-download-70043-funding-a-spousal-lifetime-access-trust.png)
With a spousal lifetime access trust (SLAT), one spouse makes a gift to an irrevocable trust using the gift tax exemption. The SLAT names the other spouse as a current beneficiary, which allows the trustee to distribute funds to the beneficiary spouse during their life.