Author Question: A sprinkling or spray trust is also known as a ________ trust. (Read 57 times)

waynest

  • Hero Member
  • *****
  • Posts: 553

Question 1

A ________ trust includes a provision that protects the trust principal and unpaid income from creditors and from a beneficiary's own foolishness.



Question 2

A sprinkling or spray trust is also known as a ________ trust.



blakcmamba

  • Sr. Member
  • ****
  • Posts: 335

Answer 1

Spendthrift

Answer 2

Discretionary



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

For a complete list of videos, visit our video library