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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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