Site: alllaw.com
... spendthrift trusts.You can use spendthrift provisions to protect all types of assets, including cash, stocks, real ... Under most states' laws, assets held in trust must be used to pay certain kinds of obligations, including ... Since she wasn’t a "creditor" as defined by state law, the court ruled in her favor and seized ... Garretson, 306 A.2d 737, Del. 1973.)State law might also limit the amount of money that can be protected ... The language used must be specific enough to satisfy state laws while ensuring your beneficiaries are ...