Discretionary trust
volume
British pronunciation/dɪskɹˈɛʃənəɹi tɹˈʌst/
American pronunciation/dɪskɹˈɛʃənˌɛɹi tɹˈʌst/

Definition & Meaning of "discretionary trust"

Discretionary trust
01

a trust that gives the trustee discretion to pay the beneficiary as much of the trust income as the trustee believes appropriate

LanGeek
Download LanGeek app
langeek application

Download Mobile App

stars

app store