Quote:
Originally Posted by retiredguy123
I partially agree. But, I would not want to protect my beneficiaries from their creditors.
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The trust res can be protected from a beneficiary's creditors, not the beneficiary himself or herself. Spendthrift provisions can be utilized to protect the corpus of the trust, hence the interests of all the beneficiaries in the trust from the creditor(s) of any one or more of them.
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Last edited by manaboutown; 08-09-2023 at 02:47 PM.
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