English-Chinese law dictionary (法律英汉双解大词典). 2013.
spendthrift trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. spendthrift trust n … Law dictionary
trust — n 1 a: a fiduciary relationship in which one party holds legal title to another s property for the benefit of a party who holds equitable title to the property b: an entity resulting from the establishment of such a relationship see also… … Law dictionary
trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… … Black's law dictionary
Trust (Recht) — Ein Trust ist im juristischen Sinn eine von einer Person unter Lebenden[1] oder für den Todesfall[2] geschaffenen Rechtsbeziehung,[3] wenn Vermögen zugunsten eines Begünstigten oder für einen bestimmten Zweck abgesondert und der gebundenen… … Deutsch Wikipedia
Trust instrument — A trust instrument (also sometimes called a deed of trust, where executed by way of deed) is an instrument in writing executed by a settlor used to constitute a trust. Trust instruments are generally only used in relation to an inter vivos trust; … Wikipedia
spendthrift clause — A provision in a trust that restricts a beneficiary s ability to transfer rights to future payments of income or capital under the trust to a third party. In effect, the clause prevents spendthrift beneficiaries from squandering an inheritance… … Law dictionary
spendthrift — spend·thrift 1 / spend ˌthrift/ n: a person who spends money foolishly, profusely, or wastefully spendthrift 2 adj 1: of, relating to, or being a spendthrift 2: of or relating to a spendthrift trust Merriam Webster’s Dictionary of Law. M … Law dictionary
spendthrift trust — A trust with restrictions on alienation designed to protect the fund from dissipation by the beneficiary or seizure by the beneficiary s creditors (SA Bankruptcy.com) United Glossary of Bankruptcy Terms 2012 … Glossary of Bankruptcy
Spendthrift trust — A spendthrift trust is a trust that is created for the benefit of a person (often because he or she 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… … Wikipedia
Trust law — In common law legal systems, a trust is an arrangement whereby property (including real, tangible and intangible) is managed by one person (or persons, or organizations) for the benefit of another. A trust is created by a settlor, who entrusts… … Wikipedia
spendthrift trust — A trust created to provide a fund for the maintenance of a beneficiary and at the same time to secure the fund against his improvidence or incapacity; provisions against alienation of the trust fund by the voluntary act of the beneficiary or by… … Black's law dictionary
