Wyoming Statutes

§ 4-10-512 — Qualified transfers; exception

Wyoming·Title 04 Fiduciaries·Ch. 10 UNIFORM TRUST CODE·Art. 5 CREDITOR'S CLAIMS; SPENDTHRIFT AND DISCRETIONARY
(a)Except as otherwise provided in this section, "qualified transfer" means a transfer, conveyance or assignment of property, by or from a settlor, with or without consideration, to a qualified trustee, under a trust instrument which meets the requirements of W.S. 4-10-510. "Qualified transfer" also includes:
(i)A change in the legal ownership of property occurring upon the substitution of a qualified trustee for another or the addition of one (1) or more qualified trustees; or
(ii)The exercise of a power so as to cause a transfer of property to a qualified trustee.
(b)A qualified transfer shall require an affidavit from the settlor making the transfer to the trustee of the qualified spendthrift trust in the form provided in W.S. 4-10-523, except that no affidavit shall be required for

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