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Colo. Rev. Stat. § 15-5-416 Modification to achieve settlor's tax objectives
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To achieve the settlor's tax objectives, the court may modify the terms of a trust in a manner that is not contrary to the settlor's probable intention. The court may provide that the modification has retroactive effect. Source: L. 2018: Entire article added, (SB 18-180), ch. 169…
Colo. Rev. Stat. § 15-5-417 Combination and division of trusts
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After notice to the qualified beneficiaries and trust directors, a trustee may combine two or more trusts into a single trust or divide a trust into two or more separate trusts, if the result does not impair the rights of any beneficiary or adversely affect achievement of the pur…
Colo. Rev. Stat. § 15-5-501 Rights of beneficiary's creditor or assignee
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Except as provided in section 15-5-504, to the extent a beneficiary's interest is not subject to a spendthrift provision, the court may authorize a creditor or assignee of the beneficiary to attach present or future distributions to or for the benefit of the beneficiary. The cour…
Colo. Rev. Stat. § 15-5-502 Spendthrift provision
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(1) A spendthrift provision is valid only if it restrains both voluntary and involuntary transfer of a beneficiary's interest. (2) 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…