discretionary trust :

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discretionary trust

  • n  a trust that gives the trustee discretion to pay the beneficiary as much of the trust income as the trustee believes appropriate
News & Articles

  • Trust fund set up for Jason Leffler's young son
    CORNELIUS, N.C. (AP) - A trust fund has been established for the 5-year-old son of Jason Leffler, the NASCAR driver who died earlier this week in a racing accident. The Charlie Dean Leffler Discretionary Trust will be overseen by trustees Harry Scott Jr., the Turner Scott Motorsports co-owner, former Braun Racing ...
    June 15, 2013 - The Washington Times

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