A trust where the beneficiary and the beneficiary's creditors do not have legal access to the trust corpus is what kind of trust?

Question

Quizplus · Accepted Answer

A spendthrift trust is a type of trust that protects the trust assets from the beneficiary's creditors. The beneficiary cannot access the trust corpus or transfer his or her interest in the trust. This type of trust is often used to provide for a financially irresponsible or vulnerable beneficiary, while still protecting their assets from creditors.

A Trust Where the Beneficiary and the Beneficiary's Creditors Do