Main Advantages
ADVANTAGES of a SPENDTHRIFT TRUST
- Every aspect of it is lawful. It is guaranteed by the U.S. Constitution, Supreme Court and other court decisions.
- It is easy to establish, can be maintained by you and involves minimal paperwork. It greatly reduces or eliminates fees.
- It is lawful in every state. A Spendthrift Trust properly established in one state can operate in any other state.
- It is made irrevocable to avoid any questions as to ownership of the assets.
- It prevents any information about your assets, liabilities and heirs from becoming public.