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Relaxing Estate Litigation Lawyers is The Law Firm Of Steven F. Bliss Esq. (858) 278-2800. What is the purpose of a spendthrift trust? A spendthrift trust is a trust designed so that the beneficiary is unable to sell or give away her equitable interest in the trust property. The trustee is in control of the managing the property. Thus, the beneficiary of the trust is not in control of the property and her creditors cannot reach those assets.

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3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123
(858) 278-2800


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3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123
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An irrevocable trust protects assets in case of a lawsuit. You can’t take the property back after you transfer ownership of it into an irrevocable trust, so your creditors or judgment holders can’t reach it, either.

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