nondiscretionary trust Antonyms
No Synonyms and anytonyms found
Meaning of nondiscretionary trust
Wordnet
nondiscretionary trust (n)
an investment trust that can buy only those securities listed when the trust was organized
nondiscretionary trust Sentence Examples
- The nondiscretionary trust provides fixed distributions to beneficiaries, leaving no room for trustee discretion.
- The nondiscretionary trust ensures that beneficiaries receive specific, predetermined amounts without the trustee's influence.
- In a nondiscretionary trust, the trustee lacks the authority to alter distributions or benefit specific individuals.
- The nondiscretionary trust's rigid structure maintains impartiality and prevents trustee bias.
- The nondiscretionary trust offers clarity and predictability, as beneficiaries know exactly what they will receive.
- The nondiscretionary trust is primarily used for distributing assets in accordance with the settlor's wishes.
- The nondiscretionary trust reduces the potential for disputes or challenges due to its straightforward administration.
- The nondiscretionary trust's predetermination of distributions provides stability and security for beneficiaries.
- The use of a nondiscretionary trust can minimize estate taxes by ensuring that assets pass to beneficiaries at the time and in the manner specified by the settlor.
- The nondiscretionary trust serves as a legal mechanism to protect and manage assets for the benefit of future generations.
FAQs About the word nondiscretionary trust
an investment trust that can buy only those securities listed when the trust was organized
No synonyms found.
No antonyms found.
The nondiscretionary trust provides fixed distributions to beneficiaries, leaving no room for trustee discretion.
The nondiscretionary trust ensures that beneficiaries receive specific, predetermined amounts without the trustee's influence.
In a nondiscretionary trust, the trustee lacks the authority to alter distributions or benefit specific individuals.
The nondiscretionary trust's rigid structure maintains impartiality and prevents trustee bias.
