{"data":{"id":"us-nj/n.j.-stat.-3b-31-36","jurisdiction":"us-nj","citation":"N.J. Stat. § 3B:31-36","heading":"Spendthrift provision.","body":"Spendthrift Provision.\na.\tA spendthrift provision is valid only if it restrains both voluntary and involuntary transfer of a beneficiary's interest.\nb.\tA term of the 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.\nc.\tA beneficiary may not transfer an interest in a trust in violation of a valid spendthrift provision and, except as otherwise provided in this article, a creditor or assignee of the beneficiary may not reach the interest or a distribution by the trustee before its receipt by the beneficiary.\nd.\tA spendthrift provision is valid even though a beneficiary is named as the sole trustee or as a co-trustee of the trust.\ne.\tA valid spendthrift provision does not prevent the appointment of interests through the exercise of a power of appointment.\nL.2015, c.276, s.1.","path":["TITLE 3B ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"35d2bc0f6a8255bf3615ecd18231868dd554f0c9e627a92fd8cc0bb69a79d743","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-3b-31-35","next":"us-nj/n.j.-stat.-3b-31-37"},"notice":"GroundRules: Original legal text. Not legal advice."}