Discretionary Trust Explained

Discretionary Trust Explained

A discretionary trust is a trust where assets are held in the trust by the trustee, and income or principal are distributed, in the trustee’s discretion, to the beneficiaries for health, education, maintenance and support, among others. Oftentimes you’ll...
What Is A Special Needs Trust?

What Is A Special Needs Trust?

A special needs trust provides for the care of a beneficiary that is unable to care for themselves. It is often set up to provide for disabled people. It can also be set up to anticipate the needs of an elderly parent. In some cases, a special needs trust could be...