Testator gives property to Timothy in trust for Barneys benefit, providing that Barney cannot assign or pledge
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Testator gives property to Timothy in trust for Barney’s benefit, providing that Barney cannot assign or pledge future trust income.
Barney borrows money from Linda, assigning his future income under the trust for a stated period. Can Linda obtain any judicial relief to prevent Barney from collecting this income? Explain.
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Related Book For
Essentials Of Business Law And The Legal Environment
ISBN: 9781337555180
13th Edition
Authors: Richard A Mann, Barry S Roberts
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