Sentences with NONDISCRETIONARY-TRUST

"The assets in the nondiscretionary trust are to be distributed equally among the beneficiaries."

"The settlor established a nondiscretionary trust for the benefit of their grandchildren."

"The trustee has a fiduciary duty to manage the assets of the nondiscretionary trust prudently."

"The terms of the nondiscretionary trust specify that the income should be distributed annually."

"The beneficiaries have no control over the management of the nondiscretionary trust."

"The nondiscretionary trust was created to provide for the education expenses of the beneficiaries."

"The trustee must adhere to the instructions outlined in the nondiscretionary trust deed."

"The settlor appointed a professional trustee to administer the nondiscretionary trust."

"The nondiscretionary trust cannot be revoked or amended by the beneficiaries."

"The nondiscretionary trust was established to support charitable causes."

"The trustee is required to file annual tax returns for the nondiscretionary trust."

"The beneficiaries of the nondiscretionary trust receive regular income distributions."

"The settlor named their children as the beneficiaries of the nondiscretionary trust."

"The trustee has the power to invest the assets of the nondiscretionary trust."

"The nondiscretionary trust document outlines the procedures for appointing a successor trustee."

"The beneficiaries have a vested interest in the assets held in the nondiscretionary trust."

"The nondiscretionary trust ensures that the settlor's wishes are carried out."

"The trustee must act in the best interests of the beneficiaries of the nondiscretionary trust."

"The nondiscretionary trust restricts the trustee's ability to make discretionary distributions."

"The settlor provided detailed instructions regarding the disbursement of funds from the nondiscretionary trust."