invasion powers

Invasion Powers

The ability of the trustee of a trust to give part of the principal (or original assets deposited in the trust) to the beneficiary if the investment income from the trust is insufficient for the beneficiary's needs. Using invasion powers can reduce the life of the trust and certainly threaten its sustainability. Because of this, the trustee may only exercise these powers under certain circumstances following procedures set forth in the trust agreement.

invasion powers

A provision in a trust that permits the trustee to use the principal of the trust if its income is insufficient to fulfill the requirements of the beneficiary. However, trustees are usually prohibited from exercising this power without prior authorization.

单词	invasion powers
释义	invasion powers Invasion Powers The ability of the trustee of a trust to give part of the principal (or original assets deposited in the trust) to the beneficiary if the investment income from the trust is insufficient for the beneficiary's needs. Using invasion powers can reduce the life of the trust and certainly threaten its sustainability. Because of this, the trustee may only exercise these powers under certain circumstances following procedures set forth in the trust agreement. invasion powers A provision in a trust that permits the trustee to use the principal of the trust if its income is insufficient to fulfill the requirements of the beneficiary. However, trustees are usually prohibited from exercising this power without prior authorization.
随便看	csaem csaep csaf c-safe csafe csafi csafm csafnv csafr csaftd csag csaga csagc csa group csags csagsi csa-h csah csaha csahs csahsc csahs-sa csai csaia csaid