Financial advisors and tax professionals seeking to help clients protect trust assets in the event of divorce, lawsuits or an extravagant heir should know the basics of a spendthrift clause.
In Scheffel v. Krueger,2 decided by the New Hampshire Supreme Court on July 26, 2001, the mother of a minor boy who was sexually assaulted by a trust’s beneficiary sought to attach the beneficiary’s ...
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