14-10501. Rights of beneficiary's creditor or assignee; exception
A. The court may authorize a creditor or assignee of the beneficiary to reach the beneficiary's interest by attachment of present or future distributions to or for the benefit of the beneficiary or by other means. The court may limit the award to such relief as is appropriate under the circumstances.
B. This section does not apply and a trustee has no liability to any creditor of a beneficiary for any distributions made to or for the benefit of the beneficiary to the extent a beneficiary's interest is protected by a spendthrift provision or is a discretionary trust interest referred to in section 14-10504.
Section: Previous 14-10412 14-10413 14-10414 14-10415 14-10416 14-10417 14-10418 14-10501 14-10502 14-10503 14-10504 14-10505 14-10506 14-10507 14-10602 NextLast modified: October 13, 2016