{"data":{"id":"us-sc/s.c.-code-ann.-62-7-502","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 62-7-502","heading":"Spendthrift provision.","body":"(a) A spendthrift provision is valid only if it restrains both voluntary and involuntary transfer of a beneficiary's interest.\n(b) A term of a 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.\n(c) A 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.","path":["Title 62 - SOUTH CAROLINA PROBATE CODE","ARTICLE 7 South Carolina Trust Code","Part 5 Creditors' Claims; Spendthrift and Discretionary Trusts"],"source_url":"https://www.scstatehouse.gov/code/t62c007.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T08:08:54Z","sha256":"27050f28c87f5a76a0fee3dc5309b86bd0a52adcbe02b2a5c14ec76e7a9e97ce","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-62-7-501","next":"us-sc/s.c.-code-ann.-62-7-503"},"notice":"GroundRules: Original legal text. Not legal advice."}
