Goforth v. Gee

STUMBO, Justice.

This opinion addresses the issue of whether a support trust, which is deemed not to be a “spendthrift trust” as defined by KRS 381.180(2), may be reached by a beneficiary’s judgment creditor. The trust in question is a testamentary trust, established by the last will and testament of Kyon P. Gee. Under the terms of her will, Kyon Gee devised one-fourth of her estate to the Third National Bank of Ashland, Kentucky (hereinafter Third National) as trustee for her daughter, Thelma A. Gee, “to pay such amount of the interest quarterly to my said daughter so that she may be…