A plain-language definition, not a conclusion about a document or case. Read the term in its full legal context.
Plain-English meaning
Spendthrift Trust
A trust containing restrictions intended to limit a beneficiary's voluntary or involuntary transfer of an interest.
Why the term matters
The clause may protect administration from some creditor or assignment claims, but exceptions and grantor-beneficiary rules apply.
Do not confuse it with
A spendthrift provision is not an absolute shield and does not automatically protect property a beneficiary has already received.