South Dakota Statutes

§ 55-1-31 — Resources of settlor's spouse to be considered in making distribution from support trust--Other beneficiary's resources need not be considered.

South Dakota § 55-1-31
JurisdictionSouth Dakota
Title 55FIDUCIARIES AND TRUSTS
Ch. 55-1CLASSIFICATION AND CREATION OF TRUSTS

This text of South Dakota § 55-1-31 (Resources of settlor's spouse to be considered in making distribution from support trust--Other beneficiary's resources need not be considered.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 55-1-31 (2026).

Text

Unless otherwise provided in the trust, if the settlor's spouse is named as beneficiary, the settlor's spouse is still living, and the trust is classified as a support trust, then the trustee shall consider the resources of the settlor's spouse, including the settlor's obligation of support, prior to making a distribution. In all other cases, unless otherwise provided in the trust, the trustee need not consider the beneficiary's resources in determining whether a distribution should be made.

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Legislative History

SL 2007, ch 280, § 8; SL 2009, ch 252, § 5; SL 2011, ch 212, § 33.

Nearby Sections

15
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Bluebook (online)
South Dakota § 55-1-31, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-1-31.