Spendthrift Trust
A type of protective trust that restricts the trust beneficiary's ability to assign any of that beneficiary's rights to the trust property or trust income, which also prevents most creditor's from accessing the trust for payment of the trust beneficiary's debts.

Self-settled trusts are not permitted to be spendthrift trusts.

Johnstown, Pennsylvania Lawyer, Kurt R. NilsonKurt R. Nilson focuses his law practice on matters of real estate, business, wills, trusts, and probate.  

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