The following words and phrases shall have the meanings ascribed herein unless the context clearly indicates otherwise: “Trust” means the following: An express trust, private or charitable, with additions thereto, wherever and however created; or A trust created or determined by a judgment or decree under which the trust is to be administered in the […]
Except as provided in Section 91-9-509, if the trust instrument provides that a beneficiary’s interest in income or principal or both of a trust is not subject to voluntary or involuntary transfer, the beneficiary’s interest in income or principal or both under the trust may not be transferred and is not subject to the enforcement […]
Except as provided in Section 91-9-509, if the trust instrument provides that the trustee shall pay income or principal or both of a trust for the education or support of a beneficiary, the beneficiary’s interest in income or principal or both under the trust, to the extent the income or principal or both is necessary […]
Except as provided in Section 91-9-509, if the trust instrument provides that the trustee shall pay to or for the benefit of a beneficiary so much of the income or principal or both of a trust as the trustee in the trustee’s discretion sees fit to pay, a transferee or creditor of the beneficiary may […]
Except as provided in Sections 91-9-701 through 91-9-723, if the settlor is a beneficiary of a trust created by the settlor and the settlor’s interest in the trust is subject to a provision restraining the voluntary or involuntary transfer of the settlor’s interest, the restraint is invalid against transferees or creditors of the settlor. The […]
Sections 91-9-501 through 91-9-511 shall apply to trusts created, defined or determined in trust instruments executed at any time whether before, on or after March 23, 1998.
