Talk:Spendthrift trust

The beneficiary does not need to be in debt. See Nolo definition. --Emurray 01:47, 21 February 2006 (UTC)

Dear Emurray -- Good point. I changed main article accordingly. Yours, Famspear 02:29, 21 February 2006 (UTC)

Third Party Trusts: I>E> Spendthrift Trust, sprinkle trust, etc
I am told that many such trusts are created to avoid the grasp of the beneficiaries creditors; however I believe that such protection is not absolute. For example, if you owe a government entity monies such as income tax (Federal Gov't) or child support ( State/County) or Employment taxes, you are not shielded.

Is this correct ??

--72.197.46.115 (talk) 20:20, 15 June 2008 (UTC)