sprinkling trust
Sprinkling trust
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 which the trustee has the discretion to distribute funds between them. That is, the trustor gives the trustee a great deal of leeway to use the trust according to the needs of individual beneficiaries. A sprinkling trust may be a living trust or may be part of a will.
sprinkling trust
A family trust in which the trustee has the power to distribute income to the beneficiaries according to their individual needs rather than according to a specified formula.