Common use of Distributions Within Discretion of Trustee Clause in Contracts

Distributions Within Discretion of Trustee. The Trustee shall pay or apply for the supplemental care or supplemental needs of each Beneficiary, such amounts from the principal or income, or both, of the Trust sub-account maintained for such Beneficiary, up to the whole thereof, as the Trustee, in its sole and absolute discretion, may from time to time deem necessary or advisable. The income not distributed from any Trust sub-account shall be added to the principal of that Trust sub-account.

Appears in 4 contracts

Samples: www.fndtrustservices.org, www.fndtrustservices.org, www.fndtrustservices.org

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