Section 46-11-502 – Creditor claim; general power not created by powerholder.
A. Except as otherwise provided in Subsection B of this section, appointive property subject to a general power of appointment created by a person other than the powerholder is subject to a claim of a creditor of: (1) the powerholder, to the extent that the powerholder’s property is insufficient, if the power is presently exercisable; […]
Section 46-11-503 – Power to withdraw.
A. For purposes of this article and except as otherwise provided in Subsection B of this section, a power to withdraw property from a trust is treated, during the time the power may be exercised, as a presently exercisable general power of appointment to the extent of the property subject to the power to withdraw. […]
Section 46-11-504 – Creditor claim; nongeneral power.
A. Except as otherwise provided in Subsections B and C of this section, appointive property subject to a nongeneral power of appointment is exempt from a claim of a creditor of the powerholder or the powerholder’s estate. B. Appointive property subject to a nongeneral power of appointment is subject to a claim of a creditor […]
Section 46-11-501 – Creditor claim; general power created by powerholder.
A. As used in this section, “power of appointment created by the powerholder” includes a power of appointment created in a transfer by another person to the extent that the powerholder contributed value to the transfer. B. Appointive property subject to a general power of appointment created by the powerholder is subject to a claim […]