Spendthrift

A person who by excessive drinking, gaming, idleness or debauchery of any kind shall so spend, waste or lessen his estate as to expose himself or his family to want or suffering or expose the town to charge or expense for the support of himself or family. Rev. StVt. c. 65, § 9; Appeal of Morey, 57 N. H. 54. The word "spendthrift," in all the provisions relating to guardians and wards, contained in this or any other statute, ls intended to include every person who is liable to be put under guardianship, on account of excessive drinking, gaming, idleness, or debauchery. How. St. Mich. 1882, § 6340.

— Spendthrift trust. A term commonly applied to those trusts which are created with a view of providing a fund for the maintenance of another, and at the same time securing it against his improvidence or incapacity for his protection. Provisions against alienation of the trust fund by the voluntary act of the beneficiary or by his creditors are the usual incidents. Bennett v. Bennett, 66 III. App. 28; Guernsey v. Lazear, 51 W. Va. 328, 41 S. E. 405.