The statutory scheme for enforcing money judgments against trusts, the limitations on that scheme when facing spendthrift clauses, and ways around those limitations.
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.
In his article for The Recorder, Dave Parnall examines the basics of contempt of court. Dave’s article focuses on the process through which a court investigates a contempt charge, with examples of improper conduct and other procedural points.
