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14 chapters · 154 sections in this title.
14A V.S.A. ch. 005, § 501 Rights of beneficiary’s creditor or assignee
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§ 501. Rights of beneficiary’s creditor or assignee To the extent a beneficiary’s interest is not protected by a spendthrift provision, the Probate Division of the Superior Court may authorize a creditor or assignee of the beneficiary to reach the beneficiary’s interest by attach…
14A V.S.A. ch. 005, § 502 Spendthrift provision
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§ 502. Spendthrift provision (a) A spendthrift provision is valid only if it restrains both voluntary and involuntary transfer of a beneficiary’s interest. (b) A term of a trust providing that the interest of a beneficiary is held subject to a “spendthrift trust,” or words of sim…
14A V.S.A. ch. 005, § 503 Exceptions to spendthrift provision
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§ 503. Exceptions to spendthrift provision (a) In this section, “child” includes any person for whom an order or judgment for child support has been entered in this or another state. (b) A spendthrift provision is unenforceable against: (1) a beneficiary’s child who has a judgmen…
14A V.S.A. ch. 005, § 504 Discretionary trusts; effect of standard
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§ 504. Discretionary trusts; effect of standard (a) In this section, “child” includes any person for whom an order or judgment for child support has been entered in this or another state. (b) Except as otherwise provided in subsection (c) of this section, whether or not a trust c…