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:
“The child who would be an adult must forgive the parents for all the ways they didn’t raise him or her just right, whether their errors were in loving too much or too little. All parents, as parents of adults, do deflating things that make you feel like a child. If you have children, you’ll do those things too and eventually laugh about them.”
—Frank Pittman (20th century)
“Many people now believe that if fathers are more involved in raising children than they were, children and sons in particular will learn that men can be warm and supportive of others as well as be high achievers. Thus, fathers’ involvement may be beneficial not because it will help support traditional male roles, but because it will help break them down.”
—Joseph H. Pleck (20th century)