The trust spendthrift clause has been an important line of defense providing asset protection for third-party discretionary irrevocable trusts. Generally, the spendthrift clause prevents the ...

The typical enforceable trust spendthrift provision forecloses assignment and attachment of the equitable property interests that are incident to the particular trust relationship. Assume an ...

In the complex world of estate planning, irrevocable trusts offer a robust mechanism for protecting assets from various threats, including bankruptcy and divorce. This article delves into the specific ...

Created to own and control, a life insurance policy for while the insured person is alive, an irrevocable life insurance trust (ILIT) is a sometimes recommended by estate and planners. ILITs also ...