US Lawyer Database

Section 14.5-511 – Immunity of Marital Trust Property From Claims of Separate Creditors of Husband or Wife

    (a)    In this section, “proceeds” means:         (1)    Property acquired by the trustee on the sale, lease, license, exchange, or other disposition of property originally conveyed by a husband and wife to a trustee or trustees;         (2)    Property collected by the trustee on, or distributed on account of, property originally conveyed by a husband and wife to a trustee […]