discretionary trust definition

  • noun:
    • a trust that offers the trustee discretion to pay the beneficiary as much regarding the trust earnings whilst the trustee feels appropriate
    • a trust that provides the trustee discretion to pay the beneficiary just as much of trust earnings due to the fact trustee thinks proper

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  • Definition for "discretionary trust"
    • a trust that offers the trustee discretion to…
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  • Hypernym for "discretionary trust"
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