The Characteristics of a Spendthrift Trust Include Which of the Following

question 42

Multiple Choice

The characteristics of a spendthrift trust include which of the following?

• A) Spendthrift provisions are not valid in most states.
• B) Spendthrift trusts are created to preserve assets against trust creditors.
• C) A settlor may provide,in a spendthrift trust,that the beneficiaries cannot,by assignment or otherwise,impair their rights to receive principal or income.
• D) All of these.

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Definitions:

Conception

The process of becoming pregnant involving fertilization or the implantation of an embryo in a female's uterus.

Blastocyst

An early stage of embryonic development, characterized by a spherical shape and consisting of an inner cell mass and an outer layer of cells.

Uterine Cavity

is the internal space of the uterus where a fetus develops during pregnancy.

Implanting

The process of surgically inserting or grafting an object or material into the body.