Accumulation and Maintenance Trusts
V Trusts: B. Types of Trusts
Tuesday, August 28th, 2001
B. TYPES OF TRUSTS
(1.) Discretionary Trusts
Discretionary trusts offer wide discretionary powers are given to the trustees in terms of distributions made to the beneficiaries. Most offshore trusts are set up in this way so that beneficiaries only have a contingent interest so avoid […]