2016 Wyoming Code
TITLE 4 - TRUSTS
CHAPTER 10 - UNIFORM TRUST CODE
ARTICLE 5 - CREDITOR'S CLAIMS; SPENDTHRIFT AND DISCRETIONARY TRUSTS
SECTION 4-10-519 - Multiple qualified transfers in same trust instrument.
4-10-519. Multiple qualified transfers in same trust instrument.
(a) If more than one (1) qualified transfer is made to the same qualified spendthrift trust:
(i) The making of a subsequent qualified transfer shall be disregarded in determining whether a creditor's claim with respect to a prior qualified transfer is extinguished utilizing the procedures provided in W.S. 4-10-514; and
(ii) Any distribution to a beneficiary other than the settlor shall be deemed to have been made from the qualified trust property attributable to the earliest qualified transfer to the trust, unless a creditor of the settlor is able to prove by clear and convincing evidence otherwise.
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