spendthrift trusts
spendthrift trusts is the plural of spendthrift trust.
Meaning of spendthrift trust
Noun
spendthrift trust (plural spendthrift trusts)
- A trust that is created for the benefit of a person (often because that beneficiary is unable to control spending) that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the benefit of the beneficiary, thus keeping the funds in the trust beyond the reach of creditors.
Questions about spendthrift trusts
- What is spendthrift trusts the plural of?
- Spendthrift trusts is the plural of spendthrift trust.
Words near spendthrift trusts in the dictionary
Source and license
Adapted from Wiktionary: spendthrift trusts (page history and authors); spendthrift trust (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “spendthrift trusts.” Word.ws, https://word.ws/spendthrift_trusts. Based on Wiktionary, CC BY-SA 4.0.
