SML Planning Minute

What is a Spendthrift Clause, and When Do People Use It?


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Episode 319 - Life doesn’t necessarily get easier when you accumulate wealth. There’s always something to worry about, and at some point, if you’re lucky, your worries evolve from accumulating your wealth to protecting it. If you’re worried about future generations destroying the wealth you’ve worked to accumulate, a spendthrift clause could help ease your mind.
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SML Planning MinuteBy Security Mutual Life Advanced Markets Team

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