{"id":3665,"date":"2015-11-01T15:49:33","date_gmt":"2015-11-01T20:49:33","guid":{"rendered":"http:\/\/resources.evans-legal.com\/?p=3665"},"modified":"2016-01-17T17:38:08","modified_gmt":"2016-01-17T22:38:08","slug":"3665","status":"publish","type":"post","link":"https:\/\/resources.evans-legal.com\/?p=3665","title":{"rendered":"Spendthrift Clause must Prohibit Assignments to be Effective"},"content":{"rendered":"<p>Language in trust document regarding creditors of beneficiaries did not restrain voluntary assignments of beneficial interests and so was not a valid spendthrift clause.\u00a0 Further, even a valid spendthrift clause would not have prevented the beneficiary from assigning distributions as they became payable, and the assignee was entitled to the distributions until the beneficiary revoked the assignment.\u00a0 <em>Lipowitz Trust<\/em>, 5 Fid.Rep.3d 351 (O.C. Montg. 2015) (opinion by Murphy, J.).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Language in trust document regarding creditors of beneficiaries did not restrain voluntary assignments of beneficial interests and so was not a valid spendthrift clause.\u00a0 Further, even a valid spendthrift clause would not have prevented the beneficiary from assigning distributions as &hellip; <a class=\"more-link\" href=\"https:\/\/resources.evans-legal.com\/?p=3665\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[34],"tags":[501,68],"class_list":["post-3665","post","type-post","status-publish","format-standard","hentry","category-opinions","tag-pef-7742","tag-spendthrift-clause","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/3665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3665"}],"version-history":[{"count":2,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/3665\/revisions"}],"predecessor-version":[{"id":3668,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/3665\/revisions\/3668"}],"wp:attachment":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}