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Nebraska · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Neb. Rev. Stat. § 30-3851: Neb. Rev. Stat. § 30-3851

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  1. NE Code
  2. Chapter 30

(UTC 506) (a) In this section, "mandatory distribution" means 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. The term does 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 2026-09-14T18:32:21Z. Source file · JSON

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