What is the name of your state (only U.S. law)? California
In my moms trust under Distributions after settlor's death it states Special cash gift. "On the settlor's death, the trustee shall make the folllowing distributions."
Does this mean i can pay my niece before i worry about paying any of her debts off, or do i have to pay off all debts before she recieves her money? The trust also has a Spendthrift Clause for this that says she shall be free from the claims of creditors and from attachments, execution, bankruptcy, and other legal process, to the maximum extent permitted by law.
In my moms trust under Distributions after settlor's death it states Special cash gift. "On the settlor's death, the trustee shall make the folllowing distributions."
Does this mean i can pay my niece before i worry about paying any of her debts off, or do i have to pay off all debts before she recieves her money? The trust also has a Spendthrift Clause for this that says she shall be free from the claims of creditors and from attachments, execution, bankruptcy, and other legal process, to the maximum extent permitted by law.