A spendthrift trust is supposed to be a wall. Someone sets up a trust for a family member, adds language saying creditors cannot touch it, and the money stays out of reach even if the beneficiary gets sued and loses. That is the whole point. But a wall is only as good as the words...KEEP READING

Picture a loved one in the final hours of her life. Someone close to her someone she trusted enough to name as her agent under a durable power of attorney rushes to change the beneficiary on her annuity. The paperwork gets faxed. The power of attorney gets attached. On the surface it looks like a...KEEP READING