Multiple Choice
The characteristics of a spendthrift trust include which of the following?
A) Spendthrift provisions are not valid in most states.
B) Trust creditors can never seize income from a spendthrift trust.
C) A settlor may provide, in a spendthrift trust, that the beneficiary cannot, by assignment or otherwise, impair her rights to receive principal or income.
D) All of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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