The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
006
:
PROPERTY SETTLEMENT; MAINTENANCE
(Cite as: 15 V.S.A. § 756)
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§ 756. Court may order money paid to trustees
When part of the estate of either spouse, or money in lieu thereof, is awarded to
the spouse having custody, as provided in this subchapter and sections 291, 293, and 294 of this title, instead of ordering the same to be delivered or paid into the hands of the custodial
spouse, the court may order it delivered or paid to one or more trustees appointed
by the court. The trustees shall invest the same and apply the income thereof to
the support and maintenance of the custodial spouse and minor children of the civil
marriage or any of them, in such manner as the court directs, and shall pay over the
principal to the custodial spouse and children in such proportions and at such times
as shall be ordered by the court. In the disposition of the income and of the principal,
regard shall be had to the situation and circumstances of the custodial spouse and
children, and the trustees shall give such bonds as the court requires for the faithful
performance of their trust. (Amended 1981, No. 247 (Adj. Sess.), § 11; 2009, No. 3, § 12a, eff. Sept. 1, 2009.)