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If You Are A Spendthrift (Trust), Go To Hawaii

• Reno Fernandez
  Jan 12 2015, 06:30 AM
  If You Are A Spendthrift (Trust), Go To Hawaii
  
  A valid spendthrift trust is entitled to certain protections in bankruptcy, especially in Hawaii. In In re Zukerkorn, 500 B.R. 598 (9th Cir. BAP 2013), the Bankruptcy Appellate Panel of the United States Court of Appeals for the Ninth Circuit (the “BAP”) upheld the decision of California Bankruptcy Judge Alan Jaroslovsky ruling that a Hawaii spendthrift trust was valid and entitled to full protection under Hawaii law.
  
  Read more here: http://tinyurl.com/kpry2o3
  
  

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