\nExcept with respect to an interest retained by the settlor, a 'protective trust interest' means an interest in a trust in which the terms of the trust provide that the interest terminates or becomes discretionary if:\n(1) The beneficiary alienates or attempts to alienate that interest; or\n(2) Any creditor attempts to reach the beneficiary's interest by attachment, levy, or otherwise; or\n(3) The beneficiary becomes insolvent or bankrupt. (2005-192, s. 2.)
North Carolina Legal Code