Discretionary beneficiaries are individuals or entities eligible for trust, insurance, or retirement distributions based on conditions set by the grantor. Learn their role and impact.
A discretionary trust is a type of trust that can be established on behalf of one or more beneficiaries. The trustee who oversees the trust can use their discretion in determining when and how trust ...
A trust is a legal contract that allows someone, known as the trustee, to hold assets on behalf of another person, known as the beneficiary. These assets can be cash, investments, physical assets like ...
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