Talk:Spendthrift trust

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The beneficiary does not need to be in debt. See [http://www.nolo.com/definition.cfm/Term/3A75EF84-BE98-4C1D-B930E941DF14E349/alpha/S/ Nolo] definition. --Emurray 01:47, 21 February 2006 (UTC)

Dear Emurray -- Good point. I changed main article accordingly. Yours, Famspear 02:29, 21 February 2006 (UTC)

Third Party Trusts: I>E> Spendthrift Trust, sprinkle trust, etc

I am told that many such trusts are created to avoid the grasp of the beneficiaries creditors; however I believe that such protection is not absolute. For example, if you owe a government entity monies such as income tax (Federal Gov't) or child support ( State/County) or Employment taxes, you are not shielded.

Is this correct ??

--72.197.46.115 (talk) 20:20, 15 June 2008 (UTC)

:Yes. Bearian (talk) 02:42, 14 May 2025 (UTC)

Merger of [[Protective trust]]

I think it's time after 16 years to consider merging with Protective trust, which has been tagged as unsourced for 15 years, into this one. Bearian (talk) 02:41, 14 May 2025 (UTC)

:I don't know Commonwealth law, but I'd guess that there might be significant legal differences between trusts in US jurisdictions and trusts in those nations. See, for example, [https://openyls.law.yale.edu/bitstream/handle/20.500.13051/4605/73NYULRev434.pdf?sequence=2] (p. 452 n. 57): "England, however, has developed alternatives to the spendthrift trust, principally in the form of 'discretionary trusts' and 'protective trusts' that give the trustee substantial discretion concerning distributions to the beneficiary, and thus leave the beneficiary with an interest that is considered too uncertain to be reachable by the beneficiary's creditors." voorts (talk/contributions) 22:31, 20 June 2025 (UTC)