Iowa alleged that the Trust Code was silent as to a necessity exception to the spendthrift clause. The Supreme Court of Iowa holdS that a spendthrift provision in a discretionary support trust does not prevent the Medicaid agency from recouping medical expenses from the trust corpus upon the ...
spendthrift provision 【经】 节俭条款 in trust 托管的,代保管的 trust for 给 trust with v. 委托,托付,存放 trust in v.托付,信任,相信 trust on vt.信赖,依靠 on trust 信任地,深信不疑地;凭信用,赊欠 trust to 信赖,依靠… take on trust 轻易相信 相似...
Iowa alleged that the Trust Code was silent as to a necessity exception to the spendthrift clause. The Supreme Court of Iowa holdS that a spendthrift provision in a discretionary support trust does not prevent the Medicaid agency from recouping medical expenses from the trust corpus upon the ...
spendthrift provision 【经】 节俭条款 spendthrift trust 规定受益人不得自由处理的信托资产 with provision for 考虑到(with this provision 在这种条件下) experimental provision 实验装置 special provision 特殊设备特殊条款 provision of ford 渡口设备 nonessential provision 非基本规定 budget provision 预...
A beneficiary or beneficiaries who receive the assets held in the trust However, spendthrift trusts operate a bit differently than other trusts. How does a spendthrift trust work? A spendthrift trust includes what’s called a spendthrift clause or spendthrift provision. This caveat permanently designat...
Real property, probate and trust law Most states have laws expressly invalidating self-settled spendthrift trust provisions. Asset protection planning with limited liability companies For example, section 12(4) of the Belize Trust Act of 1992 provides that "[a]ny rule of law or public policy whi...
RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook spendthrift trust (redirected fromSpendthrift provision) Dictionary Legal </>embed</> trust spendthrif... noun Words related to spendthrift trust nouna trust created to maintain a beneficiary but to be secure against...
Related to spendthrift clause:spendthrift trust n. a provision in a trust or will that states that if a prospective beneficiary has pledged to turn over a gift he/she hopes to receive to a third party, the trustee or executor shall not honor such a pledge. The purpose is to prevent a ...
tort claims against the beneficiary as well as claims by a state or the United States, such as for Income Tax, are not subject to spendthrift provisions.In some states, when a beneficiary and spouse are divorced and the spouse has been awarded Alimony, the trustee of the trust cannot be ...
RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook spendthrift Thesaurus Medical Legal Wikipedia Related to spendthrift:spendthrift trust,Spendthrift clause spend·thrift (spĕnd′thrĭft′) n. One who spends money recklessly or wastefully. ...