Speaker: Margaret M. Hand
July 12, 2017, 12:30 – 2:00 P.M.
STEP Orange County 7th Annual Institute
Fashion Island Hotel, Newport Beach, California
In striking a balance between restraints on alienation and the rights of judgment creditors with respect to spendthrift trusts, legislatures have created confusion. Margaret will demystify California’s spendthrift laws and provide practical advice for those who plan and administer spendthrift trusts.
Planning and Administering Spendthrift Trusts in Tension with Public Policies Speaker: Margaret M. H[..]
Tax Strategies and Implications When Settling a Trust or Estate Dispute.
California law has long recognized a settlor’s right to restrict a beneficiary’s use of trust assets. Restraints on alienation, spendthrift clauses, shutdown clauses and wholly discretionary trusts are a few of the tools settlors may use when creating a trust for the benefit of someone likely to have creditor problems.