Any trust established by or for a person that consists of the person's individual assets, income, or property of any kind shall be void for the purpose of establishing or maintaining eligibility for any public assistance as provided by article 2 of title 26, C.R.S., or medical assistance as provided by articles 4, 5, and 6 of title 25.5, C.R.S., unless the trust is established in accordance with the provisions of sections 15-14-412.6 to 15-14-412.9, C.R.S.
Source: L. 94: Entire section added, p. 1604, § 12, effective July 1. L. 2000: Entire section amended, p. 1836, § 16, effective January 1, 2001. L. 2006: Entire section amended, p. 2022, § 117, effective July 1.
Structure Colorado Code
Title 38 - Property - Real and Personal
Article 10 - Frauds - Statute of Frauds
§ 38-10-101. Conveyances to Defraud
§ 38-10-102. Purchaser With Notice - Prior Grantee Privy
§ 38-10-103. Conveyance Determinable at Will of Grantor Void
§ 38-10-104. Power to Revoke and Reconvey
§ 38-10-105. Conveyance Before Power Vests
§ 38-10-106. Conveyance - Trust - Power Must Be in Writing
§ 38-10-107. Not to Affect Will or Trusts by Operation of Law
§ 38-10-108. Contracts for Interests in Land - Must Be Written
§ 38-10-109. Authorized Agent May Subscribe Instrument
§ 38-10-110. Courts May Enforce Specific Performance
§ 38-10-111. Trusts for Use of Grantor Void Against Creditors
§ 38-10-113. Goods Sold at Auction - Memorandum
§ 38-10-114. No Delivery or Change of Possession - Effect
§ 38-10-115. Creditors Defined
§ 38-10-116. Lawful Agent May Subscribe
§ 38-10-117. Conveyances to Defraud Creditors Void
§ 38-10-118. Grant or Assignment of Trust
§ 38-10-119. Conveyances Void Against Heirs
§ 38-10-120. Intent, Question of Fact - Want of Consideration
§ 38-10-121. Purchaser With Notice of Fraud
§ 38-10-122. Construction of Terms