Colorado § 15-5-501 Rights of beneficiary's creditor or assignee

Colorado Statutes

§ 15-5-501 — Rights of beneficiary's creditor or assignee

Colorado·Title 15 Probate,·Art. Colorado Uniform Trust Code

Except as provided in
section 15-5-504, to the extent a beneficiary's interest is not subject to a
spendthrift provision, the court may authorize a creditor or assignee of the
beneficiary to attach present or future distributions to or for the benefit of the
beneficiary. The court may limit the award to such relief as is appropriate under the
circumstances. Nothing in this part 5 modifies other Colorado law governing
limitations on the amounts that may be applied to the satisfaction of a creditor's
claim, or the procedures by which a creditor may attempt to satisfy a claim.

Free access — add to your briefcase to read the full text and ask questions with AI

Except as provided in
section 15-5-504, to the extent a beneficiary's interest is not subject to a
spendthrift provision, the court may authorize a creditor or assignee of the
beneficiary to attach present or future distributions to or for the benefit of the
beneficiary. The court may limit the award to such relief as is appropriate under the
circumstances. Nothing in this part 5 modifies other Colorado law governing
limitations on the amounts that may be applied to the satisfaction of a creditor's
claim, or the procedures by which a creditor may attempt to satisfy a claim.

Colorado § 15-5-501 (Rights of beneficiary's creditor or assignee) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.