discretionary trust
Britishnoun
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.
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
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
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
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
