Definitions from Wikipedia (Discretionary trust)
▸ noun: In the trust law of England, Australia, Canada, and other common law jurisdictions, a discretionary trust is a trust where the beneficiaries and their entitlements to the trust fund are not fixed, but are determined by the criteria set out in the trust instrument by the settlor.
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▸ noun: In the trust law of England, Australia, Canada, and other common law jurisdictions, a discretionary trust is a trust where the beneficiaries and their entitlements to the trust fund are not fixed, but are determined by the criteria set out in the trust instrument by the settlor.
Opposite:
Types:
testamentary trust,
inter vivos trust,
spendthrift trust,
charitable trust,
self-settled trust,
more...
▸ Words similar to Discretionary trust
▸ Usage examples for Discretionary trust
▸ Idioms related to Discretionary trust
▸ Wikipedia articles (New!)
▸ Words that often appear near Discretionary trust
▸ Rhymes of Discretionary trust
▸ Invented words related to Discretionary trust