Distribution During Beneficiarys Life Sample Clauses
The "Distribution During Beneficiary’s Life" clause defines how and under what circumstances trust assets or income may be distributed to a beneficiary while they are still alive. Typically, this clause outlines the trustee’s authority to make distributions for specific purposes such as health, education, maintenance, or support, and may set limits or conditions on such distributions. Its core function is to provide guidance and flexibility for trustees to address the beneficiary’s needs during their lifetime, ensuring that trust resources are used appropriately and in accordance with the settlor’s intentions.
Distribution During Beneficiarys Life
