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单词 Spendthrift provision
释义

Spendthrift provision

英语百科

Spendthrift trust

(重定向自Spendthrift provision)

A spendthrift trust is a trust that is created for the benefit of a person (often unable to control his spending) that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the benefit of the beneficiary. Creditors of the beneficiary generally cannot reach the funds in the trust, and the funds are not actually under the control of the beneficiary.

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更新时间:2025/6/22 2:09:56