英语词汇“discretionary trust”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

discretionary trust n. Law a trust under the terms of which the trustees are allowed to make payments of capital and income to any class of beneficiary that they think appropriate, possibly guided by non-binding letters expressing the settlor's wishes.A discretionary trust is commonly used to reduce tax liability (e.g. inheritance tax on an estate).

ΚΠ

1805 W. Roberts Treat. Statute of Frauds p. xv The distinction between a discretionary trust for distribution among relations, and a general bequest to and among relations.

1921 T. Conyngton et al. Wills, Estates, & Trusts II. xlix. 427 It is to be assumed that the creator of the discretionary trust intended the trustee and not a court, to judge what should be done.

2004 M. Fairweather & R. Border Wills & Estate Planning (ed. 2) xviii. 182 When you set up a discretionary trust, it is often sensible to write a separate ‘letter of wishes’ which expresses the way you hope your trustees will use the fund.

单词	discretionary trust
释义	> as lemmas discretionary trust discretionary trust n. Law a trust under the terms of which the trustees are allowed to make payments of capital and income to any class of beneficiary that they think appropriate, possibly guided by non-binding letters expressing the settlor's wishes.A discretionary trust is commonly used to reduce tax liability (e.g. inheritance tax on an estate). ΚΠ 1805 W. Roberts Treat. Statute of Frauds p. xv The distinction between a discretionary trust for distribution among relations, and a general bequest to and among relations. 1921 T. Conyngton et al. Wills, Estates, & Trusts II. xlix. 427 It is to be assumed that the creator of the discretionary trust intended the trustee and not a court, to judge what should be done. 2004 M. Fairweather & R. Border Wills & Estate Planning (ed. 2) xviii. 182 When you set up a discretionary trust, it is often sensible to write a separate ‘letter of wishes’ which expresses the way you hope your trustees will use the fund. extracted from discretionaryadj.adv. < as lemmas
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