Colorado Code
Part 5 - Creditor's Claims - Spendthrift and Discretionary Trusts
§ 15-5-503. Exceptions to Spendthrift Provision - Definitions






(2.5) Subsection (2) of this section does not apply to a special needs trust, supplemental needs trust, or similar trust established for a person if its application could invalidate such a trust's exemption from consideration as a countable resource for medicaid or supplemental security income purposes or if its application has the effect or potential effect of rendering the person ineligible for any program of public benefit, including, but not limited to, medicaid and supplemental security income.


Source: L. 2021: Entire part added, (SB 21-162), ch. 170, p. 940, § 1, effective September 7.