{"data":{"id":"us-md/md.-code-estates-and-trusts-14.5-504","jurisdiction":"us-md","citation":"Md. Code, Estates and Trusts § 14.5–504","heading":"","body":"(a) A spendthrift provision is valid and enforceable.\n(b) A provision of a trust providing that the interest of a beneficiary is held subject to a “spendthrift trust”, or words of similar import, restrains both voluntary and involuntary transfer of the beneficiary’s interest.\n(c) A beneficial interest that is subject to a spendthrift provision may not be judicially foreclosed or attached by a creditor.\n(d) (1) A beneficiary may not transfer an interest in a trust in violation of a valid spendthrift provision and, except as otherwise provided in this subtitle, a creditor or an assignee of the beneficiary may not reach the interest or a distribution by the trustee before the receipt by the beneficiary of the interest or distribution.\n(2) An attempt by a beneficiary to transfer an interest in a trust in violation of a valid spendthrift provision shall be void and of no effect.\n(e) (1) The use, occupancy, and enjoyment of a single parcel of residential real property, as designated by the trustee, and tangible personal property by a beneficiary whose interest is subject to a spendthrift provision may not be transferred.\n(2) The use, occupancy, and enjoyment described in paragraph (1) of this subsection are not subject to the enforcement of a judgment against the beneficiary.","path":["Article - Estates and Trusts"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=get\u0026section=14.5-504","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:58:07Z","sha256":"cf1158c79e6f5be5ea274854758695843afdb0f6aa16d28bf57b51181e9983cd","source_id":"us-md","stale":false,"prev":"us-md/md.-code-estates-and-trusts-14.5-503","next":"us-md/md.-code-estates-and-trusts-14.5-505"},"notice":"GroundRules: Original legal text. Not legal advice."}
