Wasting Trust
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Wasting Trust

1. A trust in which the principal does not generate sufficient income to meet desired payouts and therefore the beneficiary receives a portion of the principal each month. Obviously, this reduces the future income potential of the remaining principal. A wasting trust only occurs if further contributions (which increase the principal) are not made.

2. A trust that holds assets that dissipate over time, such as contracts on corn and gas.

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Wasting Trust (redirected from Wasting Trusts)

Wasting Trust
(redirected from Wasting Trusts)