Nondiscretionary trust

Trust in which the trustee does not have the Right to determine how and when distributions are made to the Beneficiary. opposite of Discretionary trust.

Related Terms: 8 Beneficiary, Discretion, Discretionary, Discretionary trust, PPO, Right, Term, Trust

Other Related Pages: Category: Law_and_Estate_Planning Starting With: N

Additional Related Terms: Accrual of discount, Amortization of premium, Add-on service, Abstract of title, Action to quiet title, As is, Assignment to creditors, Attorney in fact, Amortization term, Assignment of mortgage