Spendthrift trust

From Conservapedia
This is an old revision of this page, as edited by Aschlafly (talk | contribs) at 05:03, July 10, 2007. It may differ significantly from current revision.
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

A spendthrift trust is a trust set up for the benefit of someone who the grantor believes would be incapable of managing his or her own financial affairs.