How to pronounce “spendthrift trust”

Meaning

• [Noun]
• (law) 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.

Practice Nearby Words

trust, trustee, trust fund, totten trust, charitable trust, bare trust, remainder trust, trustee stock, unitrust, honorary trust, quistclose trust, trust law, public trustee, resulting trust, fiduciary, entrustee, settlor, cy pres, holdback, constructive trust, loanback, cestuy que trust, stakeholder, trusteeship, beneficiary, trust deed, discretionary account, flowthrough, trusteeism, executorial trustee, passthrough, cestui que trust, cotrustee, trustification, pour-over will, paythrough, prudent man rule, endowment, depository, backbond, grat, frankpledge, privileged debt, outfangthief, slush fund, surplus, foundation, spolium, fee tail, escrow, appropriation, deed of appointment, tax shelter, frank-pledge, bursary, remainderman, impropriation, donatio inter vivos, deed of assumption, deposit, vested remainder, provident fund, disposition, permissive waste, terce, tax haven, appropriation act, frankenpledge, safekeeping, set-aside, testamenti factio, elective share, hypothecation, saving, tailzie, authorization, deficitary, testament, legacy, savings account, freeholding, vesting, peculium, vested interest, institute, donative, mutual savings bank, title, receivership, demonstrative legacy, donatary, infangthief, trespass to chattels, mortification, studentship, liferent, taillie, uses, fideicommissum, vested remainder subject to open

Similar Sounds

spendthrifts, spendthrift, splendiferous, spindrift, self-trust, centrist, suntrust, sunday roast, stuffed crust, soniferous