On this episode of the Investor Financing Podcast, Beau interviews Sally Gimon, Senior Transition Specialist, Public Speaker, and Travel Enthusiast at https://thetrustisyou.com/.

A spendthrift trust is a type of irrevocable trust that is designed to protect the assets of the beneficiary from being spent recklessly or seized by creditors. The trust is set up in a way that the beneficiary cannot control the assets directly, and instead, the trustee has the discretion to distribute the assets to the beneficiary in a way that protects the assets from creditors or from being spent too quickly. Spendthrift trusts are often used for estate planning, asset protection, and tax planning purposes.

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