Support Trusts Flashcards

1
Q

Support Trust

A

Trustee is required to pay or apply only so much of the income or principal as is necessary for the support of the B.

Discretionary trusts with a support standard.

“All income for support of A” is not a support trust.

These are not assignable and his creditors cannot reach it because it would defeat purpose of trust.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly