{"data":{"id":"us-mn/minn.-stat.-501c.0506","jurisdiction":"us-mn","citation":"Minn. Stat. § 501C.0506","heading":"OVERDUE DISTRIBUTION.","body":"(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.\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":["PROPERTY AND PROPERTY INTERESTS","CHAPTER 501C. TRUSTS","SPENDTHRIFT TRUSTS; CREDITOR'S CLAIMS AND DISCRETIONARY TRUSTS"],"source_url":"https://www.revisor.mn.gov/statutes/cite/501C.0506","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:48Z","sha256":"cd62d31945c24349e871d60622d2d7ccc8bbc1e8ca621f6cfe566129e60a9796","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-501c.0505","next":"us-mn/minn.-stat.-501c.0507"},"notice":"GroundRules: Original legal text. Not legal advice."}