Sentences with SPENDTHRIFT-TRUST

"A spendthrift trust is a common estate planning tool used to protect assets from creditors."

"My grandfather set up a spendthrift trust for my father to ensure his financial security."

"She received her inheritance through a spendthrift trust, which prevented her from squandering it all at once."

"The spendthrift trust helped shield the family's wealth during the economic downturn."

"By placing his assets in a spendthrift trust, he ensured they would be protected for future generations."

"The attorney advised her to establish a spendthrift trust to safeguard her wealth."

"The spendthrift trust prohibited the beneficiary from selling or transferring the assets."

"He lived comfortably off the income generated by his spendthrift trust."

"The spendthrift trust offered significant tax advantages for the beneficiaries."

"The purpose of a spendthrift trust is to provide financial support for the beneficiary while protecting the principal."

"The court approved the creation of a spendthrift trust to satisfy the creditors' claims."

"She can only access the funds in the spendthrift trust under certain circumstances."

"The grantor designated a trustee to manage the assets held in the spendthrift trust."

"His spendthrift trust ensured that he could maintain a certain standard of living without depleting the principal."

"The spendthrift trust included provisions to prevent the beneficiary from accumulating excessive debt."

"The spendthrift trust stipulates that the beneficiary will receive monthly distributions for the rest of his life."

"Establishing a spendthrift trust requires careful consideration of the beneficiaries' needs and financial goals."

"The spendthrift trust granted the trustee the authority to make investment decisions on behalf of the beneficiary."

"The spendthrift trust restricts the beneficiary's access to the assets until a specified age is reached."

"The spendthrift trust allowed him to enjoy his wealth in a controlled manner, avoiding impulsive spending."