{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/64.2-743.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/64.2-743.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/64.2-743.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/64.2-743.html"}],"law_id":68070,"edition_id":1,"section_id":68070,"structure_id":13993,"section_number":"64.2-743","catch_line":"Spendthrift provision","history":"2005, c. 935, \u00a7 55-545.02; 2012, c. 614.","full_text":"A\n\nA spendthrift provision is valid only if it restrains both voluntary and involuntary transfer of a beneficiary’s interest.B\n\nA 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\n\nA 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.","order_by":null,"text":{"0":{"id":246459,"text":"A spendthrift provision is valid only if it restrains both voluntary and involuntary transfer of a beneficiary’s interest.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":246460,"text":"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.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":246461,"text":"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.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":13993,"edition_id":1,"name":"Creditor's Claims; Spendthrift and Discretionary Trusts","identifier":"5","label":"article","depth":4,"order_by":1,"parent_id":12725,"metadata":{},"date_created":"2026-06-26 03:46:32","date_modified":"2026-06-26 03:46:32","permalink":{"id":274357,"object_type":"structure","relational_id":13993,"identifier":"5","token":"64.2\/III\/7\/5","url":"\/64.2\/III\/7\/5\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12725,"edition_id":1,"name":"Uniform Trust Code","identifier":"7","label":"chapter","depth":3,"order_by":1,"parent_id":12724,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":274107,"object_type":"structure","relational_id":12725,"identifier":"7","token":"64.2\/III\/7","url":"\/64.2\/III\/7\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12724,"edition_id":1,"name":"Trusts","identifier":"III","label":"subtitle","depth":2,"order_by":1,"parent_id":12723,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":273811,"object_type":"structure","relational_id":12724,"identifier":"III","token":"64.2\/III","url":"\/64.2\/III\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12723,"edition_id":1,"name":"Wills, Trusts, and Fiduciaries","identifier":"64.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":272781,"object_type":"structure","relational_id":12723,"identifier":"64.2","token":"64.2","url":"\/64.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":56108,"structure_id":13993,"section_number":"64.2-742","catch_line":"Rights of beneficiary's creditor or assignee","url":"\/64.2-742\/","token":"64.2\/III\/7\/5\/64.2-742","metadata":false},{"id":68070,"structure_id":13993,"section_number":"64.2-743","catch_line":"Spendthrift provision","url":"\/64.2-743\/","token":"64.2\/III\/7\/5\/64.2-743","metadata":false},{"id":65426,"structure_id":13993,"section_number":"64.2-744","catch_line":"Exceptions to spendthrift provision","url":"\/64.2-744\/","token":"64.2\/III\/7\/5\/64.2-744","metadata":false},{"id":59106,"structure_id":13993,"section_number":"64.2-745","catch_line":"Certain claims for reimbursement for public assistance","url":"\/64.2-745\/","token":"64.2\/III\/7\/5\/64.2-745","metadata":false},{"id":78194,"structure_id":13993,"section_number":"64.2-745.1","catch_line":"Self-settled spendthrift trusts","url":"\/64.2-745.1\/","token":"64.2\/III\/7\/5\/64.2-745.1","metadata":false},{"id":83972,"structure_id":13993,"section_number":"64.2-745.2","catch_line":"Definitions; vacancies; right to withdraw","url":"\/64.2-745.2\/","token":"64.2\/III\/7\/5\/64.2-745.2","metadata":false},{"id":55071,"structure_id":13993,"section_number":"64.2-746","catch_line":"Discretionary trusts; effect of standard","url":"\/64.2-746\/","token":"64.2\/III\/7\/5\/64.2-746","metadata":false},{"id":70541,"structure_id":13993,"section_number":"64.2-747","catch_line":"Creditor's claim against settlor","url":"\/64.2-747\/","token":"64.2\/III\/7\/5\/64.2-747","metadata":false},{"id":83758,"structure_id":13993,"section_number":"64.2-748","catch_line":"Overdue distribution","url":"\/64.2-748\/","token":"64.2\/III\/7\/5\/64.2-748","metadata":false},{"id":62195,"structure_id":13993,"section_number":"64.2-749","catch_line":"Personal obligations of trustee","url":"\/64.2-749\/","token":"64.2\/III\/7\/5\/64.2-749","metadata":false}],"previous_section":{"id":56108,"structure_id":13993,"section_number":"64.2-742","catch_line":"Rights of beneficiary's creditor or assignee","url":"\/64.2-742\/","token":"64.2\/III\/7\/5\/64.2-742","metadata":false},"next_section":{"id":65426,"structure_id":13993,"section_number":"64.2-744","catch_line":"Exceptions to spendthrift provision","url":"\/64.2-744\/","token":"64.2\/III\/7\/5\/64.2-744","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/64.2-743\/","history_text":"

This law was first created in 2005. The record of its establishment is cataloged in chapter 935<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2012, chapter 614<\/a>.<\/p>","references":[{"id":83972,"section_number":"64.2-745.2","catch_line":"Definitions; vacancies; right to withdraw","order_by":null,"url":"\/64.2-745.2\/"}],"refers_to":false,"permalink":{"id":274363,"object_type":"law","relational_id":68070,"identifier":"64.2-743","token":"64.2\/III\/7\/5\/64.2-743","url":"\/64.2-743\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/64.2-743\/","token":"64.2\/III\/7\/5\/64.2-743","dublin_core":{"Title":"Spendthrift provision","Type":"Text","Format":"text\/html","Identifier":"\u00a7 64.2-743","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> A spendthrift provision<\/span> is valid only if it restrains both voluntary and involuntary transfer of a beneficiary<\/span>’s interest. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> A term of a trust providing that the interest of a beneficiary<\/span> is held subject to a “spendthrift trust,” or words of similar import, is sufficient to restrain both voluntary and involuntary transfer of the beneficiary<\/span>’s interest. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> A beneficiary<\/span> may not transfer an interest in a trust in violation of a valid spendthrift provision<\/span> and, except as otherwise provided in this article, a creditor<\/span> or assignee of the beneficiary<\/span> may not reach the interest or a distribution by the trustee<\/span> before its receipt by the beneficiary<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nSPENDTHRIFT PROVISION (\u00a7 64.2-743)\n\nA. A spendthrift provision is valid only if it restrains both voluntary and\ninvoluntary transfer of a beneficiary’s interest.\n\nB. A term of a trust providing that the interest of a beneficiary is held\nsubject to a “spendthrift trust,” or words of similar import, is\nsufficient to restrain both voluntary and involuntary transfer of the\nbeneficiary’s interest.\n\nC. A beneficiary may not transfer an interest in a trust in violation of a valid\nspendthrift provision and, except as otherwise provided in this article, a\ncreditor or assignee of the beneficiary may not reach the interest or a\ndistribution by the trustee before its receipt by the beneficiary.\n\nHISTORY: 2005, c. 935, \u00a7 55-545.02; 2012, c. 614.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}