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Support trust

Anton Vasilescu edited this page May 9, 2023 · 1 revision

A support trust is a trust that contains a provision directing the trustee to pay to the beneficiary as much of the income and principal as is necessary for the beneficiary’s education and support.  The beneficiary's interest is unreachable by creditors to the extent necessary to support the "support" purpose of the trust.  If a creditor claim would jeopardize the support function of the trust, then the attachment is void.

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