That’s when a spendthrift trust comes in handy. Also called a spendthrift provision, this type of trust has restrictions that protect heirs from both themselves and potential creditors.
My clients often want to protect their legacy from their own children’s poor planning or misfortune. A trust offers protections many beneficiaries cannot obtain for themselves from creditor ...
The creator of a trust is often called the "trustor", "grantor", or "settlor" of the trust. A trust generally will not be treated as a spendthrift trust unless the trust agreement contains language ...
The Ninth Circuit ruled Tuesday that creditors may access trust distributions from spendthrift trusts to pay off bankruptcy debts, minus any funds allocated for education or living expenses. (CN) – ...
Spendthrift Farm's unstoppable Into Mischief, the five-time leading sire who is on target for a sixth consecutive title in ...
Spendthrift Farm has announced the stud fees for its roster of 29 stallions, led by North America's reigning five-time ...