Comparative law notes
Also known as 自由裁量信托.
全权信托
名词
full
discretionary trust
noun
Definitions of discretionary trust
a trust in which the beneficiaries' shares are not fixed in the trust deed but are decided by the trustees (=person controlling property under trust on behalf of beneficiary) as they think appropriate
The wealthy couple would like to set up a discretionary trust in favour of their two children.