Examples of SLC in a sentence
If, upon the death of the Beneficiary, funds remain in his or her sub-trust account, such funds shall be deemed to be property of the Trust and all funds that are remaining in the Beneficiary’s separate sub-trust account shall be retained by SLC Supplemental Needs Trust to further the purposes of that Trust.
The Donor acknowledges that contributions to the SLC Supplemental Needs Trust are not tax deductible as charitable gifts, or otherwise.
All contributions made to the sub-trust account will be held and administered pursuant to the provisions of the SLC Supplemental Needs Trust which are incorporated by reference herein.
Funds remaining in the Trust may be used to pay for ancillary and/ or supplemental services for Beneficiaries and potential Beneficiaries for which services may be rendered by SLC Supplemental Needs Trust.
Thus, an additional, discretionary, means tested bursary of up to £500 for any student in need of financial assistance (using the thresholds we used with the ‘Access to Learning’ Fund and using the full SLC service) will continue to be available.