(1) With respect to an asset protection trust, a claim brought by a creditor of a beneficiary who is not the settlor is subject to Title 75B, Chapter 2, Part 5, Spendthrift and Discretionary Trusts.
(2) With respect to an irrevocable trust that is not subject to this part, a claim brought by a creditor of a beneficiary who is the settlor is subject to the provisions of Subsection 75B-2-505(2).