Know your Trusts: Discretionary Trusts
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YouTubeWright Hassall LLP
Know your Trusts: Discretionary Trusts
In this bitesize clip, Richard Dundee, Partner in our Private Client team breaks down the concept of a discretionary trust in simple terms. A discretionary trust is a legal arrangement where a trustee holds and manages assets for the benefit of beneficiaries, but with the flexibility to decide how and when those assets are distributed. The ...
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