All categories

3 years ago

Which clause protects proceeds from creditors of the beneficiary?

1 answer:

8 0

The answer is spendthrift clause. It is a trust that is produced for the benefit of a person that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the benefit of the beneficiary. Creditors of the beneficiary usually cannot reach the money in the trust, and the funds are not actually under the control of the beneficiary. Also, it prevents the beneficiary's reckless spending of benefits.

You might be interested in

Team members get to know each other in the:

Andrews [41]

Answer:

Explanation:

Team members get to know each other in the forming stage of group development. It is the period of orientation and when team members become acquainted with each other. However it just the first stage in the long process and people view each other as strangers.

7 0

3 years ago

Read 2 more answers

Certain brand names, such as Kleenex or Xerox, have become _______, because they are so commonly identified with a specific prod

kogti [31]

Answer: Certain brand names, such as Kleenex or Xerox, have become generic name.

Explanation:

Generic name is the term used to refer a product with its brand name rather than the product itself. Kleenex and Xerox are the brand names of the products. Xerox is photocopying product and Kleenex is the brand name for wet wipes. People commonly use the word Kleenex instead of tissues or wet wipes.

This process can be called as genericization and companies loose their trademarks due to these usage of names. These generic names have wide spread popularity.

7 0

3 years ago

What is an economic factor on a business

blsea [12.9K]

Hi there!

Information:

First, allow us to observe what an "economic factor is".

- An economic factor is data taken out of market and economy.

- Economic factor may include certain costs. And these costs well be in our answer.

Problem-Solving / Answer

Now, we figure out what economic factors we can find.

Tax rates - tax rates can include an Economic factor.

Laws - Laws are a known economic factor.

Unemployment - Big one, at this time due to COVID-19, unemployment rates are flying off the charts. This is an example of an economic factor.

Important Keywords;

- Data ; Data can be information taken from a place, for example, you have taken data from a chart.

Learn more:

Push factors: brainly.com/question/13553564

Economic growth: brainly.com/question/13023127

8 0

4 years ago

Which of the following is NOT a strong warning sign of potentially violent behavior? A. Constantly complaining about the job B.

sweet [91]

B. Frequently returning late from lunch break.

4 0

4 years ago

Read 2 more answers

What does the passage suggest about rocco corresca s economic situation during his early days in america? explain your answer

serg [7]

Rocca corresca was an immigrant that came into america when he was a little boy in 1902

in His writing, he describe that he lived in a very poor economic condition. He was forced to be a beggar only to face that all the money that he earned from begging will be taken away by his old man or the boys on his neighborhood

hope this helps

3 0

3 years ago