Definitions
There is 1 meaning of the phrase
Spendthrift Trust.
Spendthrift Trust - as a noun
A trust created to maintain a beneficiary but to be secure against the beneficiary's improvidence
Example Sentences
"A spendthrift trust is a common estate planning tool used to protect assets from creditors."
"My grandfather set up a spendthrift trust for my father to ensure his financial security."
"She received her inheritance through a spendthrift trust, which prevented her from squandering it all at once."
"The spendthrift trust helped shield the family's wealth during the economic downturn."
"By placing his assets in a spendthrift trust, he ensured they would be protected for future generations."
