Overdue distribution

  1. Law
  2. District of Columbia Code
  3. Descent, Distribution, and Trusts. [Enacted title]
  4. Uniform Trust Code
  5. Creditor’s Claims; Spendthrift and Discretionary Trusts
  6. Overdue distribution

Checkout our iOS App for a better way to browser and research.

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.

(Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)

Editor's Notes

Uniform Law: This section is based upon § 506 of the Uniform Trust Code.


Download our app to see the most-to-date content.