Iowa Code 633A.2303 – Spendthrift trusts for the benefit of settlor
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Iowa Code 633A.2303
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
A term of a trust prohibiting an involuntary transfer of a beneficiary‘s interest shall be invalid as against claims by any creditors of the beneficiary if the beneficiary is the settlor.