A discretionary trust in Canadian and English trusts law is a trust where the beneficiaries and/or their entitlements to the trust fund are not fixed, but are determined by the criteria set out in the trust instrument by the settlor. It is sometimes referred to as a family trust in Australia or New Zealand. Where the discretionary trust is a testa...
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http://en.wikipedia.org/wiki/Discretionary_trust
This is a type of trust where the trustees can decide who will benefit from the trust and how much they will get.
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http://www.encyclo.co.uk/local/20174
A type of buy order that gives the broker the freedom and power to make the execution at any time an
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http://www.encyclo.co.uk/local/22402
A private trust which empowers trustees to use their discretion in distributing funds to... <a target=_blank href='http://www.finance-glossary.com/terms/discretionary-trust.htm?id=421&ginPtrCode=00000&PopupMode=false' title='Read full definition of discretionary trust'>more</a>
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A common type of trust that grants the trustee broad power to decide when and how much income or property to distribute to a beneficiary.
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http://www.nolo.com/dictionary/discretionary-trust-term.html
A discretionary trust is a trust in which the shares of each beneficiary are not fixed by the settlor in the trust deed but may be varied at the discretion of some person or persons (often the trustees). In an exhaustive discretionary trust all the income arising in any year must be paid out during that year, although no beneficiary has a right to ...
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http://www.probertencyclopaedia.com/browse/JD.HTM
[
n] - 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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http://www.webdictionary.co.uk/definition.php?query=discretionary%20trust
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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https://www.encyclo.co.uk/local/20974
- Arrangement in which the TRUSTEE has the authority to make INVESTMENT decisions and has control over investments within the framework of the TRUST instrument.
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https://www.encyclo.co.uk/local/21071
No exact match found.
