Current with changes from the 2024 Legislative Session
Section 456.5-503 - Exceptions to spendthrift provision1. In this section, (1)"Child" includes any person for whom an order or judgment for child support has been entered in this or another state, and(2)"Judgment" means a judgment which may be executed in this state.2. Even if a trust contains a spendthrift provision, a beneficiary's child, spouse, or former spouse who has a judgment against the beneficiary for support or maintenance, or a judgment creditor who has provided services for the protection of a beneficiary's interest in the trust, may obtain from a court an order attaching present or future trust income. If there is more than one permissible distributee, the court may grant relief as is equitable under the circumstances.3. A spendthrift provision is unenforceable against a claim of this state or the United States to the extent a statute of this state or federal law so provides. L. 2004H.B. 1511
Effective 1/1/2005