{"data":{"id":"us-fl/fla.-stat.-736.0502","jurisdiction":"us-fl","citation":"Fla. Stat. § 736.0502","heading":"Spendthrift provision.","body":"(1) A spendthrift provision is valid only if the provision restrains both voluntary and involuntary transfer of a beneficiary’s interest. This subsection does not apply to any trust the terms of which are included in an instrument executed before the effective date of this code.\n(2) A term of a trust providing that the interest of a beneficiary is held subject to a spendthrift trust, or words of similar import, is sufficient to restrain both voluntary and involuntary transfer of the beneficiary’s interest.\n(3) A beneficiary may not transfer an interest in a trust in violation of a valid spendthrift provision and, except as otherwise provided in this part, a creditor or assignee of the beneficiary may not reach the interest or a distribution by the trustee before receipt of the interest or distribution by the beneficiary.\n(4) A valid spendthrift provision does not prevent the appointment of interests through the exercise of a power of appointment.\nHistory.—s. 5, ch. 2006-217; s. 12, ch. 2007-153.","path":["CHAPTER 736 FLORIDA TRUST CODE"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0700-0799/0736/0736.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:13:29Z","sha256":"8d854705682f37318b6b1cc6ebe105cb6e9a79d13c0b6a1d186119e6c20f2e89","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-736.0501","next":"us-fl/fla.-stat.-736.0503"},"notice":"GroundRules: Original legal text. Not legal advice."}
