spendthrift
41spendthrift trust — Law. a trust that provides a fund for a beneficiary, as a minor, with the title vested so that the fund or its income cannot be claimed by others, as creditors of the beneficiary. Also called sheltering trust. * * * …
42spendthrift trust — noun A trust that is created for the benefit of a person (often because that beneficiary is unable to control spending) that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the benefit of… …
43spendthrift trust — A trust created to provide a fund for the maintenance of the beneficiary which shall be secure against his improvidence or incapacity. Huestis v Manley, 110 Vt 413, 8 A2d 644. A trust which restrains either voluntary or involuntary alienation by… …
44spendthrift trust — noun a trust created to maintain a beneficiary but to be secure against the beneficiary s improvidence • Hypernyms: ↑trust * * * noun : a trust created to provide a fund for the maintenance of another and to secure it (as by withholding from him… …
45spendthrift clause — noun : a provision sometimes included in a life insurance policy prohibiting the beneficiary from assigning or anticipating payments coming due and exempting such payments from the claims of creditors of the beneficiary …
46Plaut v. Spendthrift Farm, Inc. — SCOTUSCase Litigants=Plaut v. Spendthrift Farm, Inc. ArgueDate=November 30 ArgueYear=1994 DecideDate=April 18 DecideYear=1995 FullName= Ed Plaut, et ux., et al., petitioners v. Spendthrift Farm, Inc., et al. USVol=514 USPage=211 Citation= Prior=… …
47guardian of spendthrift — A guardian appointed by a court, on the institution of appropriate proceedings for that purpose, to take charge of the estate of an improvident person, profligate, spendthrift, or drunkard, the appointment of such a guardian being authorized by… …
48List of cultural references in The Divine Comedy — The Divine Comedy by Dante Alighieri is a long allegorical poem in three parts or canticas (or cantiche ), Inferno (Hell), Purgatorio (Purgatory), and Paradiso (Paradise), and 100 cantos, with the Inferno having 34, Purgatorio 33, and Paradiso 33 …
49trust — n 1 a: a fiduciary relationship in which one party holds legal title to another s property for the benefit of a party who holds equitable title to the property b: an entity resulting from the establishment of such a relationship see also… …
50trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… …
