
Spendthrift Provision
“A spendthrift provision in a trust prevents beneficiaries from using assets as collateral or allowing creditors to access the trust’s property.”
A trust allows you to control how your assets are distributed, even after your passing. Common types include revocable trusts, irrevocable trusts, and special needs trusts.
Using a trust can help avoid probate, protect beneficiaries, and ensure your estate is managed according to your wishes. An experienced attorney can guide you through establishing the right trust for your situation.
Book a consultation to include a spendthrift provision and protect trust assets from creditors or reckless spending.
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