Dictionary.com
Thesaurus.com
Showing results for discretionary trust. Search instead for discretionary power.

discretionary trust

British  

noun

  1. a trust in which the beneficiaries' shares are not fixed in the trust deed but are left to the discretion of other persons, often the trustees

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

A special-needs trust is also a specialized, discretionary trust, but one that is designed to provide for a beneficiary with a disability without disqualifying them from government benefits like Medicaid or Social Security Disability Insurance.

From MarketWatch Apr. 16, 2026

A lifetime discretionary trust gives the trustee power to decide when, how and why to distribute money.

From MarketWatch Feb. 16, 2026

Still, you have a menu of trust types to choose from: A lifetime discretionary trust gives the trustee power to decide when, how and why to distribute money.

From MarketWatch Feb. 16, 2026

If it’s really a problem, your Nana could also set up a discretionary trust that would dictate how and when her assets will be distributed.

From Slate Sep. 9, 2021

Put all moveables and all cash and investments into a discretionary trust, and it passes to your heirs without tax as soon as you die, not even waiting for probate.

From The Guardian Nov. 15, 2012

Vocabulary.com logo
by dictionary.com

Dictionary.com's Learning Companion

Go beyond just looking up words.
Remember them forever with VocabTrainer.

Start training