| 词汇 | discretionary-trust |
| 释义 | discretionary trust noun[ C ] LAWukus a legal arrangement in which the person or organization that manages money has the right to decide how to invest it and use the income from the investments: A discretionary trust was set up for children whose parents were unable to pay school fees. a legal arrangement in which you give a person or organization the right to manage your money after you die and decide how and when to make payments to the people you have chosen to receive the money: You can set up a discretionary trust to pass your home on to your children. Examples of discretionary trustdiscretionary trust Each beneficiary of a discretionarytrust, in contrast, is dependent upon the trustees to exercise their power of selection favourably. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. She settled the money as a discretionarytrust, where both claimants and the first defendant were trustees. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This must be kept in mind when considering succession and estate planning involving assets held in a discretionarytrust. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. A domestic discretionarytrust, set up for a beneficiary by a third party, has great asset protection benefit. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In a discretionarytrust, however, the trustee has discretion over his actions, although he is obliged to use it. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The nil-band discretionarytrust, discussed below, is an example of this principle in action. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Money held in trust which the claimant is entitled to is counted, unless it is money for a personal injury or a discretionarytrust in which case it is ignored. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The creation of a discretionarytrust is different from the creation of any other type of express trust, due to the requirement of certainty of objects. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The discretionarytrust and the restraint upon anticipation are totally different. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 There might be what in this country would be called a discretionarytrust. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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