{"data":{"id":"us-va/va.-code-64.2-743","jurisdiction":"us-va","citation":"Va. Code § 64.2-743","heading":"Spendthrift provision","body":"A. A spendthrift provision is valid only if it restrains both voluntary and involuntary transfer of a beneficiary's interest.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.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.2005, c. 935, § 55-545.02; 2012, c. 614.","path":["Title 64.2. WILLS, TRUSTS, AND FIDUCIARIES","Subtitle III. TRUSTS","Chapter 7. UNIFORM TRUST CODE","Article 5. CREDITOR'S CLAIMS; SPENDTHRIFT AND DISCRETIONARY TRUSTS"],"source_url":"https://law.lis.virginia.gov/vacode/64.2-743/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:18:14Z","sha256":"6a14ef202849c4258b594bd6ac5541f9f091d3c85db8c92ae79ecde0e262b54f","source_id":"us-va","stale":true,"prev":"us-va/va.-code-64.2-742","next":"us-va/va.-code-64.2-744"},"notice":"GroundRules: Original legal text. Not legal advice."}
