2009 Iowa Code
Title 15 - Judicial Branch and Judicial Procedures
Subtitle 4 - Probate - Fiduciaries
CHAPTER 633A - IOWA TRUST CODE
633A.2305 - DISCRETIONARY TRUSTS -- EFFECT OF STANDARD.

        633A.2305  DISCRETIONARY TRUSTS -- EFFECT OF
      STANDARD.
         1.  Whether or not a trust contains a spendthrift provision, a
      creditor or assignee of a beneficiary shall not compel a distribution
      that is subject to the trustee's discretion, even if any of the
      following occur:
         a.  The discretion is expressed in the form of a standard of
      distribution.
         b.  The trustee has abused its discretion.
         2.  This section shall not apply to a creditor of a beneficiary or
      to a creditor of a deceased beneficiary enforcing an interest in a
      trust, if any, given to a beneficiary by the trust instrument.  

         2008 Acts, ch 1119, §25
         Referred to in § 633A.2301