Posts Tagged: spendthrift trust

Spendthrift Clauses

October 19, 2015

Olivia R. Holcombe-Volke, J.D. A spendthrift clause is a provision that protects assets or certain trusts against the creditors of a beneficiary of those trust assets.  In practice, this means that a beneficiary of a trust containing a spendthrift clause can’t buy a house using trust funds as collateral.  Nor can a creditor force …

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