sprinkling trust

sprinkling trust
A trust that gives the person managing it — the trustee — the discretion to disburse its funds among the beneficiaries in any way the trustee sees fit. It is a type of property control trust. (See also: pot trust)
Category: Wills, Trusts & Estates → Living Trusts & Avoiding Probate

Nolo’s Plain-English Law Dictionary. . 2009.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • sprinkling trust — A trust in which the trustee decides how to distribute trust income among a group of designated people. Bloomberg Financial Dictionary …   Financial and business terms

  • trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… …   Black's law dictionary

  • property control trust — Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include 1) special needs trusts designed to assist people who have special physical, emotional, or other requirements; 2) spendthrift trusts designed… …   Law dictionary

  • Baptism — This article is about the Christian religious ceremony. For other uses, see Baptism (disambiguation). Baptism of Neophytes by Masaccio, 15th century, Brancacci Chapel, Florence.[ …   Wikipedia

  • List of Biblical names — This is a list of names from the Bible, mainly taken from the 19th century public domain resource: : Hitchcock s New and Complete Analysis of the Holy Bible by Roswell D. Hitchcock, New York: A. J. Johnson, 1874, c1869.Each name is given with its …   Wikipedia

  • Chukat — Chukat, Hukath, or Chukkas (Hebrew: חֻקַּת‎, “decree,” the ninth word, and the first distinctive word, in the parshah) is the 39th weekly Torah portion (parshah) in the annual Jewish cycle of Torah reading and the sixth in the book of Numbers. It …   Wikipedia

  • 1984 Rajneeshee bioterror attack — Infobox civilian attack title = 1984 Rajneeshee bioterror attack caption = Four of the restaurants in The Dalles affected by the attack location = The Dalles, Oregon, United States coordinates = coor dms|45|36|4|N|121|10|58|W|city (45.601218, 121 …   Wikipedia

  • Hindu teaching and customs of marriage — The Hindu religion has a deep significance and meaning for the institution of marriage. It is viewed as a sacrament and not a contract. Hindu families are patrilocal.Institution of Marriage:Marriage is generally a union between a male and a… …   Wikipedia

  • Nowruz — For other uses, see Nowruz (disambiguation). Nowrūz Also called Also spelled Nouruz, Norouz, Norooz, Narooz, Nawruz, Newroz, Newruz, Nauruz, Nawroz, Noruz, Nohrooz, Novruz, Nauroz, Navroz, Naw Rúz, Nowroj, Navroj, Nevruz …   Wikipedia

  • Udhampur District — Udhampur is a district in Jammu and Kashmir. The town of Udhampur is the Headquarter of this district.The 2001 census indicates the population of the district to be just over 700,000. There are 871 females for every 1000 males in the district.… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”