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Massachusetts · Through amendments passed before May 31, 2026

Mass. Gen. Laws ch. 203E, § 506: Overdue distribution

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

Section 506. Overdue distribution

(a) In this section, ''mandatory distribution'' shall mean a distribution of income or principal which the trustee is required to make to a beneficiary under the terms of the trust, including a distribution upon termination of the trust. ''Mandatory distribution'' shall not include a distribution subject to the exercise of the trustee's discretion even if: (1) the discretion is expressed in the form of a standard of distribution; or (2) the terms of the trust authorizing a distribution couple language of discretion with language of direction.

(b) Whether or not a trust contains a spendthrift provision, a creditor or assignee of a beneficiary may reach a mandatory distribution of income or principal, including a distribution upon termination of the trust, if the trustee has not made the distribution to the beneficiary within a reasonable time after the designated distribution date.

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

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