VDict - Definition of discretionary trust

English - English (Wordnet) dictionary (also found in English - Vietnamese)

discretionary trust

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Noun

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

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Words contain "discretionary trust":
discretionary trust nondiscretionary trust
Words contain "discretionary trust" in its definition in English - English (Wordnet) dictionary:
discretionary trust fiducial fiduciary resulting trust fixed investment trust nondiscretionary trust discretionary trust blind trust disastrously more...

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