Author Question: A sprinkling or spray trust is also known as a ________ trust. (Read 68 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?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

For a complete list of videos, visit our video library