Michigan Compiled Laws

Mich. Comp. Laws § 700.7505 (2026)

Discretionary trust; effect of standard; right of transferee or creditor.

✓ current as of July 2026
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ESTATES AND PROTECTED INDIVIDUALS CODE


Act 386 of 1998


700.7505 Discretionary trust; effect of standard; right of transferee or creditor.

Sec. 7505.

    The transferee or creditor of the beneficiary of a discretionary trust provision does not have a right to any amount of trust income or principal that may be distributed only in the exercise of the trustee's discretion, and trust property is not subject to the enforcement of a judgment until income or principal, or both, is distributed directly to the trust beneficiary.

History: 1998, Act 386, Eff. Apr. 1, 2000 ;-- Am. 2009, Act 46, Eff. Apr. 1, 2010

PopularName Notes:

EPIC
Notes of Decisions
Cited in 1 case, 2020–2020 · leading case: in Re Stephenson Fam. Trust (Mich. Ct. App. 2020).
in Re Stephenson Fam. Trust (Mich. Ct. App. 2020). “6 MCL 700.7505 does not apply to this case.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.