Massachusetts General Laws

Mass. Gen. Laws ch. 203E, § 502 (2026)

Spendthrift provision

✓ text as last checked Sept. 2026 (this copy records no edition or section history)
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Section 502. Spendthrift provision

(a) A spendthrift provision shall be 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, shall be 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.

Notes of Decisions
Cited in 1 case, 2016–2016 · leading case: Pfannenstiehl v. Pfannenstiehl, 55 N.E.3d 933 (Mass. 2016).
Pfannenstiehl v. Pfannenstiehl, 55 N.E.3d 933 (Mass. 2016). “G. L. c. 203E, § 502 (c). See Pemberton v.”
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