3B:31-35 Rights of beneficiary's creditor or assignee.
90 words·~1 min read·
/nj/title-3b/chapter-31/3b-31-35A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Rights of Beneficiary's Creditor or Assignee.
Except as otherwise provided by law, to the extent a beneficiary's interest is not protected by a spendthrift provision, a creditor or assignee of the beneficiary may reach the beneficiary's interest by attachment of present or future distributions to or for the benefit of the beneficiary, subject to N.J.S.2A:17-50 through N.J.S.2A:17-56 and sections 3 and 4 of P.L.1981, c.203 (C.2A:17-56.1a and C.2A:17-56.6) or other applicable law. The court may limit the award to such relief as is appropriate under the circumstances.
L.2015, c.276, s.1.