NOUN
- a trust that gives the trustee discretion to pay the beneficiary as much of the trust income as the trustee believes appropriate
How To Use discretionary trust In A Sentence
- It is a single premium insurance bond with a discretionary trust behind it. Times, Sunday Times
- There may, for instance, be a foreign discretionary trust which wishes to acquire a lease in the United Kingdom.
- It is a single premium insurance bond with a discretionary trust behind it. Times, Sunday Times
- The powers that are conferred on the trustee, or manager, do not convert the unit trusts into discretionary trusts in the normal acceptation of that term.
- If you want more control, and large sums are involved, you could consider a discretionary trust. Times, Sunday Times
- A discretionary trust lets the trustees decide when the beneficiaries should receive money, and how much. Times, Sunday Times
- Setting up a discretionary trust may be useful for you. Times, Sunday Times
- If the settlor is to be a beneficiary of the trust, it would normally be a discretionary trust.
- There may, for instance, be a foreign discretionary trust which wishes to acquire a lease in the United Kingdom.
- Setting up a discretionary trust may be useful for you. Times, Sunday Times