The Spendthrift Trust PC1355-Digital



The Spendthrift Trust

A spendthrift trust is an irrevocable trust that includes a provision limiting the beneficiary’s access to the funds. Spendthrift trusts are typically established by a grantor who wants to protect the assets left to a beneficiary. They may be concerned the beneficiary does not have the financial acumen to properly manage the money, or they may want to protect the assets from divorce, creditors, or lawsuits.

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