3353r

The beneficiary’s interest shall be reached to fulfill his obligations when:(a) The beneficiary has an outstanding debt with the trustor-testator, unless the testator had cancelled the debt or expressed his intention to allow the beneficiary to enjoy his interest in the trust despite not having satisfied the debt;(b) the beneficiary has an outstanding debt with the trustee in his capacity as such. In case of a debt with the trustee in the latter’s personal capacity but resulting from the administration of the trust, the beneficiary’s interest shall not be reached unless otherwise agreed on with the trustee; or(c) one of the beneficiaries has an obligation to the others for misappropriation or any other kind of intervention with the trust property resulting in loss. History —Aug. 31, 2012, No. 219, § 52.