spendthrift trust

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Noun

spendthrift trust - a trust created to maintain a beneficiary but to be secure against the beneficiary's improvidence

trust - something (as property) held by one party (the trustee) for the benefit of another (the beneficiary); "he is the beneficiary of a generous trust set up by his father"

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trust			The US model is known as Spendthrift trust while the UK model is called Protective trust. Asset Protection A Product You Can Trust by Jack Ryon / Banking, finance and accounting community Most states have laws expressly invalidating self-settled spendthrift trust provisions. Asset protection planning with limited liability companies by Ellentuck, Albert B. / The Tax Adviser spendthrift trust A spendthrift trust protects the assets of the trust from the claims of the beneficiaries' creditors. Financial planning key to successful retirement by Friedman, Mark / Arkansas Business			spelunk spelunker spelunking Spemann spence Spencer Spencer Gulf Spencer mast Spencer Tracy Spencerian Spencerianism Spencerism spend spend a penny spend-all spendable spendaholic Spender spending spending cut spending money spending power spending spree spends spendthrift spendthrift trust Spendthrifty spendy Spenerism Spengler Spenser Spenserian Spenserian sonnet Spenserian stanza spent Spent ball spent gnat speos Sper Sperable Sperage Speranski Sperate Spere Sperge Spergula Spergula arvensis Spergularia Spergularia rubra Sperling sperm			spending money hand over fist spending money hand over fist spending money hand over fist spending money hand over fist Spending Per Minute Spending Per Person Spending Phase Spending Phases Spending plan Spending Power Spending Power Spending Review spending spree spendings spendings spends spends spends spends a penny spends a penny spends money hand over fist spends money hand over fist spends money hand over fist spends money hand over fist spendthrift spendthrift Spendthrift clause Spendthrift clause Spendthrift provision Spendthrift provision spendthrift trust spendthrifts spendthrifts Spendthrifty spendy Spener, Philipp Jakob Spenerism Spengler Spengler Spengler (disambiguation) Spengler (disambiguation) Spengler, Oswald Spengler, Oswald Speniscidiformes Speniscidiformes Speniscidiformes Spens Spens' syndrome Spens, Sir Patrick Spenser Spenser Spenser, Edmund Spenser, Edmund Spenserian Spenserian Spenserian sonnet Spenserian stanza Spenserian stanza Spenserian stanzas Spenserian stanzas spent

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