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Trust Glossary

Spendthrift Trust - A trust that disallows the beneficiary from transferring his/her interest in the trust, and prevents the beneficiary's creditors from attaching the trust for payment of the beneficiary's debts.

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The content in this glossary is general in nature and is intended for informational purposes only. It is not intended to provide specific advice or recommendations for any individual or organization, because the facts and circumstances surrounding each situation differ. Please consult your attorney, tax advisor or other professional advisor for advice on your particular situation.

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