Spendthrift provision definition

Spendthrift provision means a term of a trust that restrains both voluntary and involuntary transfer of a beneficiary's interest.
Spendthrift provision means a term of a trust which restrains both voluntary and involuntary transfer of a beneficiary's interest.
Spendthrift provision means a term of a trust which restrains both voluntary and involuntary transfer of a beneficiary’s interest.

Examples of Spendthrift provision in a sentence

  • Spendthrift provision" means a term of a trust that restrains both voluntary and involuntary transfer of a beneficiary's interest.[PL 2003, c.

  • Spendthrift provision" means a term of a trust that restrains both voluntary and involuntary transfer of a beneficiary's interest.[ 2003, c.

  • Spendthrift provision (a) A spendthrift provision shall be valid only if it restrains both voluntary and involuntary transfer of a beneficiary’s interest.

  • Spendthrift provision See generally § 502 for substantive changes to Massachusetts law.

  • Spendthrift provision" means a term of a trust that restrains both voluntary and involuntary transfer of a beneficiary's interest.


More Definitions of Spendthrift provision

Spendthrift provision means that term as defined in section 7103 of the estates and protected individuals code, 1998 PA 386, MCL 700.7103.
Spendthrift provision means a term of a trust which restrains
Spendthrift provision means a term of a trust that restrains either the voluntary or involuntary transfer of a trust beneficiary's interest.
Spendthrift provision means a term of a trust which
Spendthrift provision means a term of a trust that
Spendthrift provision means a term of a trust that restrains both voluntary and involuntary transfer
Spendthrift provision means a term of a trust that restrains either or both of a voluntary or involuntary transfer of a beneficiary’s interest.