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Massachusetts · Through amendments passed before May 31, 2026

Mass. Gen. Laws ch. 203E, § 502: Spendthrift provision

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Where this section sits in the code
  1. Part II
  2. Title II
  3. Chapter 203E

Section 502. Spendthrift provision

(a) A spendthrift provision shall be valid only if it restrains both voluntary and involuntary transfer of a beneficiary's interest.

(b) A term of a trust providing that the interest of a beneficiary is held subject to a ''spendthrift trust'', or words of similar import, shall be sufficient to restrain both voluntary and involuntary transfer of the beneficiary's interest.

(c) A beneficiary may not transfer an interest in a trust in violation of a valid spendthrift provision and, except as otherwise provided in this article, a creditor or assignee of the beneficiary may not reach the interest or a distribution by the trustee before its receipt by the beneficiary.

Collected 2026-09-17T05:24:35Z. Source file · JSON

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