Spendthrift Provision Clause

Spendthrift Provision Clause - A spendthrift provision clause is a type of contractual clause that restricts a beneficiary's ability to transfer or assign their interest in a trust or estate, in order to protect the beneficiary's assets from creditors or other third parties.

Class Information

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Identification

Label (rdfs)
Spendthrift Provision Clause
Preferred Label
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Definition and Examples

Definition
A spendthrift provision clause is a type of contractual clause that restricts a beneficiary's ability to transfer or assign their interest in a trust or estate, in order to protect the beneficiary's assets from creditors or other third parties.
Examples
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Translations

fr-fr
Clause d'insaisissabilité
es-es
Cláusula de Protección de Bienes
es-mx
Cláusula de Protección de Bienes
pt-br
Cláusula de inalienabilidade
en-gb
Spendthrift Provision Clause
de-de
Verschwenderklausel
he-il
סעיף הגנת הנכסים
hi-in
व्ययविरोधी प्रावधान शर्त
zh-cn
挥霍者条款
ja-jp
浪費家規定条項

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Additional Information

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Deprecated
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