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spendthrift trust

/ˈspendθrɪft trʌst/

Traducción: Estructura fiduciaria o fideicomiso diseñado para proteger los activos del beneficiario frente a sus acreedores, restringiendo su capacidad para vender, transferir o pignorar su participación en el fideicomiso.

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phrase

/ˈspendθrɪft trʌst/C1formallegal
  • esEstructura fiduciaria o fideicomiso diseñado para proteger los activos del beneficiario frente a sus acreedores, restringiendo su capacidad para vender, transferir o pignorar su participación en el fideicomiso.

A legal trust arrangement designed to protect a beneficiary's assets from creditors by restricting the beneficiary's ability to sell, transfer, or pledge their interest in the trust.

  1. Protective trust arrangementC2formal

    A trust designed to protect a beneficiary's assets from their own poor financial decisions or from creditors, by limiting their access to the principal.

    esfideicomiso de protección contra despilfarro

    • The wealthy family set up a spendthrift trust to ensure their son could not waste his inheritance.
    • A spendthrift trust prevents creditors from seizing the trust assets to pay the beneficiary's debts.
    • The terms of the spendthrift trust allowed the beneficiary to receive only the income, not the principal.