| 单词 | discretionary trust |
| 释义 | discretionary trust noun[C] LAWukusalegalarrangementin which thepersonororganizationthatmanagesmoneyhas therighttodecidehow toinvestit and use theincomefrom theinvestments: Adiscretionarytrustwasset upforchildrenwhoseparentswereunabletopayschoolfees. alegalarrangementin which you give apersonororganizationtherighttomanageyourmoneyafter youdieanddecidehow and when to makepaymentsto thepeopleyou havechosentoreceivethemoney: You canset up adiscretionarytrusttopassyourhomeon toyourchildren. Examplesofdiscretionary trustdiscretionary trust Each beneficiary of adiscretionarytrust, 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 adiscretionarytrust, 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 adiscretionarytrust. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.A domesticdiscretionarytrust, 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 adiscretionarytrust, 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-banddiscretionarytrust, 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 adiscretionarytrustin 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 adiscretionarytrustis 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.Thediscretionarytrustand the restraint upon anticipation are totally different. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 There might be what in this country would be called adiscretionarytrust. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen 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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