Spendthrift Trusts, Limited Protection for Deadbeat Beneficiaries. - California law has long recognized a settlor’s right to restrict a beneficiary’s use of trust assets. Restraints on alienation, spendthrift clauses, shutdown clauses and wholly discretionary trusts are a few of the tools settlors may use when creating a trust for the benefit of someone likely to have creditor problems.
Using Expert Witnesses: A View from the Trenches
September 30, 2016
Jerry A. Kasner Estate Planning Symposium
Santa Clara Convention Center, Santa Clara, CA
Speaker: John A. Hartog