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Section 4-10-502 - Spendthrift Provision.

WY Stat § 4-10-502 (2019) (N/A)
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4-10-502. Spendthrift provision.

(a) Repealed By Laws 2007, Ch. 155, § 5.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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Section 4-10-501 - Rights of Beneficiary's Creditor or Assignee.
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Section 4-10-503 - Exceptions to Spendthrift Provision.