Living trust or will in which the trustee has discretion over how the trust's income will be distributed among a designed group of beneficiaries.
Related information about sprinkling trust:
- Sprinkling Trust - Financial Dictionary - The Free Dictionary
A trust in which the trustee decides how to distribute trust income among a group of designated people. Sprinkling Trust. A trust with several beneficiaries in ...
- How to Build Flexibility in Your Estate Plan with the Discretionary ...
Jul 1, 2012 ... A sprinkling trust gives the trustee the right to provide income to a single beneficiary, distribute some or all of the income to or among a group of ...
- Sprinkling Trusts | Nolo.com
A sprinkling trust (or spray trust) gives a trustee power to decide how trust funds will be distributed to beneficiaries. Most trusts clearly state how and when ...
- Sprinkling Trust: Definition from Answers.com
trust under which no beneficiary has a right to receive any trust income. Instead, the trustee is given discretion to divide, or sprinkle, the trusts income.
- Sprinkling Trust
SPRINKLING TRUST. A trust that grants the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she ...
- Sprinkling Trust Law & Legal Definition
In a Sprinkling Trust, discretion is given to a trustee to distribute income from a trust fund disproportionately between beneficiaries. The person managing it (the ...
- What is sprinkling trust? definition and meaning
Definition of sprinkling trust: Living trust or will in which the trustee has discretion over how the trust's income will be distributed among a designed group of ...
- Sprinkling trust - Legal Definitions - Legal Terms Dictionary
Sprinkling trust definition: A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she ...