In order to use the money in a spendthrift trust as collateral, the beneficiary requires prior approval of the trustee.
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Q6: Anyone legally capable of holding title to
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Q12: Creditors of the beneficiary of a spendthrift
Q13: A witness to a will who is
Q13: A trust is a fiduciary relationship in
Q14: A codicil to the will must be
Q15: In most states, there is no lower
Q15: A beneficiary may sell his interest in
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