Tag Archives: What Is A Spendthrift Trust

What Is A Spendthrift Trust?

What is a spendthrift trust? It is a trust that includes what’s called a spendthrift provision. You can for the most part use any kind of trust, and make it a spendthrift trust by including a special clause that is added to the trust document. What a spendthrift provision does, is to prevent the creditors of any beneficiary from reaching…

Continue Reading →