What is a Discretionary Trust?


A discretionary trust is a very specific type of trust with a very specific purpose.   Basically, the trustee of a discretionary trust, as the name implies, has a great deal of discretion regarding how the trust assets are handled.  Unlike a fixed trust, beneficiaries and potential beneficiaries only receive distributions or allocations from the trust [ ] The post What is a Discretionary Trust? appeared first on Northern California Center for Estate Planning and Elder Law.
http://www.norcalplanners.com/what-is-a-discretionary-trust/

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