If your beneficiary is too young or unable to handle money wisely,which kind of trust allows the beneficiary to receive small amounts of money at specified intervals?

Question

Quizplus · Accepted Answer

A spendthrift trust is designed to protect the beneficiary from their own inability to handle money by allowing the trustee to distribute funds according to the terms set by the grantor, often in small, periodic amounts. This prevents the beneficiary from squandering their inheritance all at once.

If Your Beneficiary Is Too Young or Unable to Handle