Advantages of a Spendthrift Trust Organization
It's Lawful
Every aspect of it is lawful. It is guaranteed by the U.S. Constitution, Supreme Court and other court decisions.
It is lawful in every state. A Spendthrift Trust properly established in one state can operate in any other state.
It can operate any lawful business anywhere in the world. It has limited liability and most of the advantages of a corporation with none of the disadvantages.
It's Easy
It is easy to establish, can be maintained by you and involves minimal paperwork. It greatly reduces or eliminates fees.
It has no periodic reports or accounting to make to any state or government.
It's Irrevokable
It is made irrevocable to avoid any questions as to ownership of the assets.
It has the same constitutional rights as any individual, that is, the right to privacy, freedom from unwarranted search and seizure, to refrain from self-incrimination and all other rights.
It's Secure
It prevents any information about your assets, liabilities and heirs from becoming public.
When the Spendthrift Trust is used in a legal manner and under the provisions of the Spendthrift, it is totally impenetrable by creditors, agencies, governments and is immune from transfer by operation of law.
It Provides Personal Protections
Your personal bankruptcy has no effect on the Spendthrift Trust assets.