Utah Statutes
§ 75B-1-308 — Claims against beneficiaries of asset protection trust.
(1)With respect to an asset protection trust, a claim brought by a creditor of a beneficiary who is not the settlor is subject to Title 75B, Chapter 2, Part 5, Spendthrift and Discretionary Trusts.
(2)With respect to an irrevocable trust that is not subject to this part, a claim brought by a creditor of a beneficiary who is the settlor is subject to the provisions of Subsection 75B-2-505(2).
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Utah § 75B-1-308 (Claims against beneficiaries of asset protection trust.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Enacted by Chapter 338, 2025 General Session
Nearby Sections
15
§ 75B-1-101
Definitions for title.§ 75B-1-102
Transition clause.§ 75B-1-201
Definitions for part.§ 75B-1-203
Income permitted to accumulate.§ 75B-1-301
Definitions for part.§ 75B-1-302
Asset protection trust. -- Governing law.§ 75B-1-303
Requirements for asset protection trust.§ 75B-1-304
Application of asset protection trust.§ 75B-1-305
Illusory agreement.§ 75B-1-306
Affidavit of solvency.