Spendthrift Trust

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August 25, 2024 4 min read Definitions
Spendthrift Trust: Financial Protection and Security
Finance Trusts Spendthrift Trust Trust Fund Financial Security Asset Protection Legal Terms
A Spendthrift Trust is a type of trust fund created to provide financial maintenance for a beneficiary while enforcing restrictions to guard against the unwise use of the assets. Often established by parents for their children, these trusts offer a layered approach to asset management and protection.
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