{"data":{"id":"us-va/va.-code-64.2-748","jurisdiction":"us-va","citation":"Va. Code § 64.2-748","heading":"Overdue distribution","body":"A. In this section \"mandatory distribution\" means a distribution of income or principal that 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 (i) the discretion is expressed in the form of a standard of distribution or (ii) the terms of the trust authorizing a distribution use language of discretion with language of direction.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.2005, c. 935, § 55-545.06; 2007, c. 216; 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/64.2-748/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:18:14Z","sha256":"ae0233dda001e909226456db7c5a37c7e6fcef4436eb560c6b46cb2345fa00e6","source_id":"us-va","stale":true,"prev":"us-va/va.-code-64.2-747","next":"us-va/va.-code-64.2-749"},"notice":"GroundRules: Original legal text. Not legal advice."}