Trust in which the trustee does not have the right to determine how and when distributions are made to the beneficiary. opposite of discretionary trust.
Related information about nondiscretionary trust:
- What is nondiscretionary trust? definition and meaning
Definition of nondiscretionary trust: Trust in which the trustee does not have the right to determine how and when distributions are made to the beneficiary.
- nondiscretionary trust - Legal Dictionary - The Free Dictionary
nondiscretionary trust n. a trust in which the trustee is directed to invest only in specifically named securities and to diversify the investments among certain types ...
- nondiscretionary trust - The Free Dictionary
Noun, 1. nondiscretionary trust - an investment trust that can buy only those securities listed when the trust was organized. fixed investment trust · investment ...
- Nondiscretionary Trust - Financial Dictionary - The Free Dictionary
Definition of Nondiscretionary Trust in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is Nondiscretionary Trust? Meaning of ...
- Nondiscretionary Trust | Nolo's Free Dictionary of Law Terms and ...
A trust in which the trustee has no discretion about how to spend or invest trust funds. Also called a fixed trust.
- nondiscretionary trust - Business Definition
nondiscretionary trust definition: A trust in which the trustee has limited decision- making authority with regard to the investments that can be held by the trust and ...
- Nondiscretionary Trust: Definition from Answers.com
Investment trust that may buy only the securities on a list set forth when the trust is organized. The percentage of total assets that may be invested.
- What does nondiscretionary trust mean? definition and meaning ...
Definition of nondiscretionary trust in the AudioEnglish.net Dictionary. Meaning of nondiscretionary trust. What does nondiscretionary trust mean? Proper usage ...