RSA 564-B:5-502 Creditor's Claim Against a Beneficiary of a Trust Containing a Spendthrift Provision.
Title: LVI - PROBATE COURTS AND DECEDENTS' ESTATES
Chapter: 564-B - NEW HAMPSHIRE TRUST CODE
(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.
(d) To the extent that a beneficiary's interest in a trust is subject to a spendthrift provision, a creditor or assignee of the beneficiary may not reach:
(1) The beneficiary's interest in the trust; or
(2) A distribution from the trust before its receipt by the beneficiary.
(e) To the exte