Maryland Statutes

§ 14.5-502

Maryland § 14.5-502
JurisdictionMaryland
Article getEstates and Trusts

This text of Maryland § 14.5-502 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Md. Code Ann., Estates and Trusts § 14.5-502 (2026).

Text

(a)(1) A beneficiary of a discretionary distribution provision has no property right in a trust interest that is subject to a discretionary distribution provision.
(2)A beneficial interest that is subject to a discretionary distribution provision may not be judicially foreclosed, attached by a creditor, or transferred by the beneficiary.
(b)(1) The creditor of the beneficiary of a discretionary distribution provision created by someone other than that beneficiary has no enforceable right to trust income or principal that may be distributed only in the exercise of the discretion of the trustee.
(2)Trust property that is subject to a discretionary distribution provision is not subject to the enforcement of a judgment until income or principal or b

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Related

§ 1382c
42 U.S.C. § 1382c

Nearby Sections

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Bluebook (online)
Maryland § 14.5-502, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/get/14.5-502.