Sections Contest Property disposition Common types Other types Governing doctrines The Protective Trust is a form of settlement found in England and Wales and several Commonwealth countries.
In such a trust assets are ordinarily held to pay an income to the beneficiary.
The right to receive income from a trust would ordinarily be an asset in the hands of the beneficiary and could be sold, thwarting the intention of the donor to spread the gift over the recipient's lifetime.
However many jurisdictions do not permit a trust to be broken where a debtor who remains a discretionary beneficiary only under a trust and cannot access the fund without the exercise of the trustees' discretion in his favour.
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