In Order to Use the Money in a Spendthrift Trust

question 61

True/False

In order to use the money in a spendthrift trust as collateral, the beneficiary requires prior approval of the trustee.

---

Definitions:

Protein

Large biomolecules consisting of one or more long chains of amino acid residues, crucial for biological processes.

Hernia

A condition characterized by the protrusion of an organ through the wall of the cavity that normally contains it, often causing pain and swelling.

Protrusion

Something that sticks out or bulges beyond a surface or boundary.

Suffix

A morpheme added at the end of a word to alter its meaning or grammatical function.