Which of the Following Spendthrift Clauses Is Enforceable

question 48

Multiple Choice

Which of the following spendthrift clauses is enforceable?

• A)A settlor uses a spendthrift clause in a trust that lists him as the beneficiary.
• B)A settlor uses a spendthrift clause to prevent his grandson from foolishly spending his assets.
• C)A spendthrift clause that protects the beneficiary from creditors who have furnished necessaries.
• D)A spendthrift clause that protects the beneficiary from being subject to paying child support payments.

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Definitions:

Inter Partes Review

A trial proceeding conducted at the Patent Trial and Appeal Board to review the patentability of one or more claims in a patent, as requested by a third party.

Federal Trademark Protection

A legal framework provided by the federal government that gives the owner of a registered trademark exclusive rights to its use in connection with the goods or services listed in the registration.

Non-Use

The state of not using something, especially a right or property, which can lead to legal implications.

Defend Trade Secrets Act

The Defend Trade Secrets Act is a federal law that allows an owner of a trade secret to sue in federal court when their trade secrets have been misappropriated.