In Scheffel v. Krueger,2 decided by the New Hampshire Supreme Court on July 26, 2001, the mother of a minor boy who was sexually assaulted by a trust’s beneficiary sought to attach the beneficiary’s ...

Financial advisors and tax professionals seeking to help clients protect trust assets in the event of divorce, lawsuits or an extravagant heir should know the basics of a spendthrift clause.

The ultra-rich can save millions on taxes using trusts, but they have another advantage. Parents can set up trusts for their children to protect assets from ex-spouses and creditors. Four lawyers to ...

Generally, the beneficiary of a trust may voluntarily assign his right to the principal or income from the trust to another person. Similarly, those rights are subject to the claims of his creditors.