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(1) A spendthrift provision is valid only if the provision restrains both voluntary and involuntary transfer of a beneficiary's interest. How Does A Spendthrift Clause Protect Your Assets? Have you ever wondered how you can protect your assets and ensure your Title 18-B, §502: Spendthrift provision

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Title 18-B: TRUSTS. Part 1: MAINE UNIFORM TRUST CODE. Chapter 5: CREDITOR'S CLAIMS; SPENDTHRIFT AND DISCRETIONARY TRUSTS. §503. §502. Spendthrift provision. 1 Section 502 : Spendthrift provision

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spendthrift clause | Wex | US Law | LII / Legal Information Institute What Is A Spendthrift Provision In Asset Protection Trusts? - Wealth and Estate Planners A spendthrift provision is valid if it restrains either the voluntary or A term of a trust providing that the interest of a beneficiary is held subject to a "

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A spendthrift trust usually requires the trustee to only give a certain amount of income to the beneficiary, and often spendthrift trusts do so to prevent a