Nondiscretionary Trust
(redirected from Non-Discretionary Trusts)

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Nondiscretionary trust

A personal trust whose trustee has no discretion in deciding how income will be distributed to the beneficiary.

Nondiscretionary Trust

A trust in which the trustee has no ability to make investment decisions with regard to the assets in the trust and/or has no control over when and how the assets are distributed to the beneficiary. In a nondiscretionary trust, the trustee simply sees to it that the grantor's wishes are carried out.

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Nondiscretionary Trust (redirected from Non-Discretionary Trusts)

Nondiscretionary Trust
(redirected from Non-Discretionary Trusts)