Spendthrift Trust - Necessaries, Child Support and Alimony

Necessaries, Child Support and Alimony

Some creditors may compel payment out of the trust, particularly those who supply the beneficiary with "necessaries" (usually food and shelter, but sometimes clothing and transportation, if these are not extravagant). Most jurisdictions also permit the invasion of spendthrift trust assets to satisfy awards of child support and alimony.

Read more about this topic:  Spendthrift Trust

Famous quotes containing the words child and/or support:

    Statistics justify and scholars seize
    The salients of colonial policy.
    What is that to the white child hacked in bed?
    To savages, expendable as Jews?
    Derek Walcott (b. 1930)

    No one—man or woman—can have it all without support from the workplace and genuine help at home. Women, regardless of how they have chosen to lead their lives, can now breathe a collective sigh of relief that superwoman is dead.
    Deborah J. Swiss (20th century)