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.

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 ...

Creating a domestic asset protection trust (DAPT) that both has multijurisdictional contacts and is nonvoidable in whole or in part is easier said than done. There are the state conflict-of-laws ...

Spendthrift Farm has announced the stud fees for its roster of 29 stallions set to stand at the Lexington-based farm for the ...

"At Spendthrift, we've expanded both the quality and number of our stallions, allowing us to offer the most diverse roster we've ever had," said Toffey. "Our goal has long been to provide the best ...

Trusts also allow you to put restrictions on how money is spent. Payable on death accounts don’t allow restrictions.

Spendthrift Farm has announced the stud fees for its roster of 29 stallions set to stand at the Lexington-based farm for the upcoming 2025 breeding season, once again led by North America’s ...

Spendthrift Farm has announced the stud fees for its roster of 29 stallions, led by North America's reigning five-time champion general sire, Into Mischief, who will stand for $250,000.

After law school, Adam and spent two years clerking for a U.S. District Co... Karen Davakis is a trusts and estates attorney with over ten years of experience in the industry. She specializes in ...

The UK has finally exempted investment trusts from complying with cost disclosure requirements that industry experts say could unlock billions in investment. In a statement today, the government ...