What is a discretionary trust?

Related FAQs

What is a discretionary trust?
What is the difference between a will and a trust?
What is a no-contest clause in a will?
What are the duties of a trustee?
What is an “income in respect of a decedent”?
What are the tax implications of inheritance?
What are the options for distributing trust assets after the death of a beneficiary?
How do trusts avoid probate?
How is a will interpreted after someone dies?
How does a trust work to protect assets for future generations?

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