{"data":{"id":"us-me/18-b-m.r.s.-506","jurisdiction":"us-me","citation":"18-B M.R.S. §506","heading":"Overdue distribution","body":"1.  Definitions.  As used in this section, unless the context otherwise indicates,  \"mandatory distribution\" means a distribution of income or principal that a trustee is required to make to a beneficiary under the terms of a trust, including a distribution upon termination of the trust.  \"Mandatory distribution\" does not include a distribution subject to the exercise of the trustee's discretion even if:\nA.  The discretion is expressed in the form of a standard of distribution; or\nB.  The terms of the trust authorizing a distribution couple language of discretion with language of direction.\n2.  Unreasonable delay in distribution.  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":["TITLE 18-B: TRUSTS","PART 1: MAINE UNIFORM TRUST CODE","CHAPTER 5: CREDITOR'S CLAIMS; SPENDTHRIFT AND DISCRETIONARY TRUSTS"],"source_url":"https://legislature.maine.gov/statutes/18-B/title18-Bsec506.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:29Z","sha256":"c798bae1cc8cf14b506737facc8c9f39828665a5782c4468f1045714a12e6abc","source_id":"us-me","stale":false,"prev":"us-me/18-b-m.r.s.-505","next":"us-me/18-b-m.r.s.-507"},"notice":"GroundRules: Original legal text. Not legal advice."}
