18 Dec “Properly- Structured” Self-Settled Trusts Formed by Nonresident Settlors Will Withstand Legal Challenge
This treatment hypothesizes a scenario where a nonresident settlor, with no existing or foreseeable creditor obligations, establishes a self-settled discretionary spendthrift trust in a state with statutes authorizing the creation of such trusts. The settlor’s spouse and two children, all living together, are the absolutely...