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3353p — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Thirty-two - Code of Civil Procedure (§§ 1 — 3576)/
  5. Subtitle 4 - Special Legal Proceedings Law/
  6. Part V - Other Actions/
  7. Chapter 266 - Trust Act Sub/
  8. Subchapter II - Private Trusts § 3352a - Content/
  9. 3353p
Puerto Rico Legal Code
The beneficiary’s creditors may attach or execute the beneficiary’s interest to satisfy claims against the beneficiary, unless:(a) The trust property is non-attachable according to the law;(b) the trustor provided for the prohibition of voluntary or involuntary alienation of the interest of a beneficiary who is entitled to receive the principal at a future date;(c) the trust determines that the interest of the income beneficiary shall end if the beneficiary’s creditors attach or execute such interest or if the same is adjudicated in bankruptcy proceedings;(d) the trust was created for a group of people as beneficiaries and the interest of each one is non-severable from the others;(e) the terms of the trust provide that the trustee shall allocate portions of income or principal as are necessary for the education or support of the beneficiary;(f) the interest of the beneficiary is a highly personal interest; or(g) the trust has a spendthrift provision setting forth that the income beneficiary’s interest shall not be subject to voluntary or involuntary transfer, except in those circumstances and to the extent set forth in § 3353q of this title. History —Aug. 31, 2012, No. 219, § 50.

3353p

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