sprinkling trust

Sprinkling trust

A trust in which the trustee decides how to distribute trust income among a group of designated people.

Sprinkling Trust

A trust with several beneficiaries in which the trustee has the discretion to distribute funds between them. That is, the trustor gives the trustee a great deal of leeway to use the trust according to the needs of individual beneficiaries. A sprinkling trust may be a living trust or may be part of a will.

sprinkling trust

A family trust in which the trustee has the power to distribute income to the beneficiaries according to their individual needs rather than according to a specified formula.

单词	sprinkling trust
释义	sprinkling trust Sprinkling trust A trust in which the trustee decides how to distribute trust income among a group of designated people. Sprinkling Trust A trust with several beneficiaries in which the trustee has the discretion to distribute funds between them. That is, the trustor gives the trustee a great deal of leeway to use the trust according to the needs of individual beneficiaries. A sprinkling trust may be a living trust or may be part of a will. sprinkling trust A family trust in which the trustee has the power to distribute income to the beneficiaries according to their individual needs rather than according to a specified formula.
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