Wyoming Statutes
§ 4-10-502 — Spendthrift provision
Wyoming·Title 04 Fiduciaries·Ch. 10 UNIFORM TRUST CODE·Art. 5 CREDITOR'S CLAIMS; SPENDTHRIFT AND DISCRETIONARY
(a)Repealed By Laws 2007, Ch. 155, § 5.
(b)A term of a trust providing that the interest of a
beneficiary is held subject to a "spendthrift trust," or words
of similar import, is sufficient to restrain both voluntary and
involuntary transfers of the beneficiary's interest.
(c)Other than by valid disclaimer under W.S. 2-1-401, a
beneficiary may not transfer an interest in a trust in violation
of a spendthrift provision and, a creditor or assignee of the
beneficiary may not reach the interest or attach a distribution
by the trustee unless and until it is received by the
beneficiary.
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Nearby Sections
15
§ 4-10-1001
Remedies for breach of trust§ 4-10-1002
Damages for breach of trust§ 4-10-1003
Damages in absence of breach§ 4-10-1004
Attorney's fees and costs§ 4-10-1005
Limitation of action against fiduciary§ 4-10-1006
Reliance on trust instrument§ 4-10-1008
Exculpation of fiduciaries§ 4-10-101
Short title§ 4-10-1012
Interest of trustee as general partner§ 4-10-1013
Protection of person dealing with fiduciary§ 4-10-1014
Certification or affidavit of trust