Advertisement
Advertisement
spendthrift trust
noun
Law.
- a trust that provides a fund for a beneficiary, as a minor, with the title vested so that the fund or its income cannot be claimed by others, as creditors of the beneficiary.
Discover More
Example Sentences
Examples have not been reviewed.
Answer: Yes, you can create a spendthrift trust and name it as the beneficiary of your IRAs.
From
A spendthrift trust is not a do-it-yourself project.
From
Bobbi Kristina was fabulously wealthy for a teenager, but her money was in a spendthrift trust, designed to keep creditors and predators from taking advantage of people who can't manage their money.
From
A spendthrift trust would not only prevent your kids from blowing through any money left in the IRAs.
From
Answer: A spendthrift trust can keep your son from frittering away his inheritance.
From
Advertisement
Advertisement
Advertisement
Advertisement
Browse