Insolvent beneficiaries provision - TRUS 15

Insolvent beneficiaries provision clause for a deed of variation of a discretionary trust.

Sample

"No benefit awarded to a beneficiary or otherwise arising out of this Deed, and no right to any such benefit, shall, before the benefit is actually paid or delivered to the Beneficiary, be capable of attachment in execution or vest in the insolvent estate of such Beneficiary ..."