Assertion: trust | /r/CapableOf | protect asset
Facets:
value: for children
type: TRANSITIVE-OBJECT
value: for the benefit of a child
type: PURPOSE
value: from a previous marriage
type: OTHER
value: from creditors
type: TRANSITIVE-OBJECT
Source sentences:
text: It can protect assets from creditors, and it can dictate the terms of an inheritance for beneficiaries.
text: A trust can preserve assets for the benefit of a child who may be disabled, financially irresponsible, or in the middle of a divorce.
text: But trusts are highly versatile vehicles that can protect assets and direct them into the right hands in the present and in the future, long after the original asset owner's death.
text: Working with an attorney or a financial planner, you can create a trust to minimize taxes, protect assets and spare your children from having to go through the often-lengthy process of probate court in order to divide up your assets after you die.
text: Most trusts that protect assets are discretionary trusts.
text: A Spendthrift Trust: This trust protects the assets a person places in the trust from being claimed by creditors.
text: Trusts preserve assets for children from a previous marriage