(a) A creditor or assignee of a beneficiary does not have the power to reach an interest of a beneficiary or any other person who holds an unconditional or conditional removal or replacement power over a trustee or other fiduciary. Such power over a trustee or other fiduciary is personal to the holder and shall not be exercised by the holder’s creditors. No court shall direct a holder to exercise the power.
(b) Subject to Section 91-8-504(b)(3):
(1) A creditor or assignee of a beneficiary may not reach an interest of a beneficiary who is also a trustee, co-trustee or other fiduciary, or otherwise compel a distribution because the beneficiary is then serving as a trustee, co-trustee or other fiduciary; and
(2) A court may not foreclose against a beneficiary’s interest described in subsection (a).
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