The term spendthrift trust refers to a trust designed to provide for the support of a beneficiary and to protect that support against the beneficiary's contracts and transactions. What is sometimes called a self-settled spendthrift trust is one in which the trustor creates a trust in which he or she is also a beneficiary, usually with the aim of shielding property from uninvited future creditors such as judgment or bankruptcy creditors. A self-settled spendthrift trust is also called an asset protection trust.
Irrevocable Trust With Spendthrift Provision
Category:
State:
Missouri
Control #:
MO-04305BG
Format:
Word;
Rich Text
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Description Irrevocable Trustor
Free preview Irrevocable With
