The Characteristics of a Spendthrift Trust Include Which of the Following

question 60

Multiple Choice

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

• A) Spendthrift provisions are not valid in most states.
• B) A settlor may provide, in a spendthrift trust, that the beneficiary cannot, by assignment or otherwise, impair her rights to receive principal or income.
• C) Trust creditors can never seize income from a spendthrift trust.
• D) All of these.

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Definitions:

Histogram

A graphical representation of data using bars of different heights to show the frequency of values in intervals.

Weight-Loss

Refers to the reduction of the total body mass due to a mean loss of fluid, body fat, or lean mass.

Pounds Lost

Represents the amount of body weight, measured in pounds, that an individual has successfully reduced.

Histograms

Graphical representations of data that group numbers into ranges, showing the frequency of values within each range as bars.