What is a Discretionary Trust? In its simplest form, a trust is a form of relationship whereby a trustee holds property on trust, or for the benefit of a person or people, known as the beneficiaries …
discretionary trusts
Family Trust Vesting
It may be desirable, in certain circumstances, for a Trustee of a Family Discretionary Trust to exercise its power to vest the Discretionary Trust prior to the vesting date set out in the Trust Deed. …