You may want to take care of your children in your will but suspect that they would blow through their inheritance in just a few years. That’s when a spendthrift trust comes in handy. Also called a ...

The trust spendthrift clause has been an important line of defense providing asset protection for third-party discretionary irrevocable trusts. Generally, the spendthrift clause prevents the ...

Most jurisdictions offer some form of asset protection for both self-settled and third-party trusts through the incorporation of spendthrift provisions. In fact, traditional asset protection has ...

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 claims, ...

Freddie and Patsy Reynolds established the Reynolds Family Trust in 2005. The California couple were the original beneficiaries of the Trust, which contained a standard spendthrift clause stating that ...

SAN FRANCISCO (CN) - California's high court should address the statutory cap on a bankruptcy estate's access to a spendthrift trust, the 9th Circuit said Monday. A federal panel made the request in ...