Creditors of the Beneficiary of a Spendthrift Trust Can Attach

question 23

True/False

Creditors of the beneficiary of a spendthrift trust can attach the income of the trust before or after the beneficiary receives it, but they cannot reach the trust fund itself.

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Definitions:

Two-Factor Theory

A psychological theory proposing that human emotions result from a combination of a state of physiological arousal and a cognitive interpretation of that arousal.

Avoidance Learning

is a process by which an individual learns a behavior or response to avoid a noxious or unpleasant situation or stimulus.

Aversive Event

An unpleasant or noxious stimulus that an organism seeks to avoid or escape, often used in aversive conditioning.

Matching Law

A principle stating that the proportion of responses on a particular schedule matches the proportion of reinforcements obtained on that schedule.