Thus discretionary trusts have lost many of their fiscal advantages.
Bolan had arranged a discretionary trust to safeguard his money.
We have also been influenced by representations about the position of privately owned companies held on discretionary trusts.
In a discretionary trust, however, the trustee has discretion over his actions, although he is obliged to use it.
Although most discretionary trusts allow both types of discretion, either can be allowed on its own.
However, please note that you can't use this tool for discretionary trusts with deemed, trade or foreign income.
He gave away a property two years before his death to a discretionary trust.
A hybrid trust combines elements of both fixed and discretionary trusts.
A domestic discretionary trust, set up for a beneficiary by a third party, has great asset protection benefit.
She settled the money as a discretionary trust, where both claimants and the first defendant were trustees.