Difference between revisions of "Support trust"
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| − | A support trust is a trust that instructs the trustee to spend only as much [[income]] and principal (the assets held in the trust) as needed for the beneficiary's support. | + | A '''support trust''' is a trust that instructs the trustee to spend only as much [[income]] and principal (the assets held in the trust) as needed for the beneficiary's support. |
| − | [[Category: | + | [[Category:Law]] |
Latest revision as of 20:41, June 23, 2016
A support trust is a trust that instructs the trustee to spend only as much income and principal (the assets held in the trust) as needed for the beneficiary's support.