{"data":{"id":"us-il/760-ilcs-3-506","jurisdiction":"us-il","citation":"760 ILCS 3/506","heading":"Overdue distribution.","body":"(a) In this Section, \"mandatory distribution\" means a distribution of income or principal that the trustee is required to make to a beneficiary under the trust instrument, 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.\n(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.","path":["CHAPTER 760 TRUSTS AND FIDUCIARIES","Illinois Trust Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=4001\u0026ChapterID=61\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:44Z","sha256":"2ec77d8be30e9efb81eae4ee93a4931926832ef6e157fb6a2682b19bb0378c73","source_id":"us-il","stale":false,"prev":"us-il/760-ilcs-3-505","next":"us-il/760-ilcs-3-507"},"notice":"GroundRules: Original legal text. Not legal advice."}