New Jersey Revised Statutes § 3b:31-35 - Rights Of Beneficiary's Creditor Or Assignee.

3B:31-35 Rights of beneficiary's creditor or assignee.
3B:31-35. 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.


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Last modified: October 11, 2016