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Discretionary Trusts

Defined in 4 dictionaries — Cyclopedic (1922), Bouvier (1914), Black's (1910), Black's (1891)

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

Those which cannot be duly administered without the application of a certain degree of prudence and judgment; as, when a fund is given to trustees to be distributed in certain charities to be selected by the trustees.

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

Those which cannot be duly administered without the application of a cet of prudence and judgment: as, when a fund Is given to trustees to be distributed in certain charll be selected by the trust'

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

Such as are not marked out on fixed lines, but allow a certain amount of discretion in their exercise. Those which cannot be duly administered without the application of a certain degree of prudence and judgment

A Dictionary of Law

Henry Campbell Black · 1891

Suchas are not marked out on fixed lines, but ailow a certain amount of discretion in their exercise. Those which eannot be duly administered without the application of a certain degree of prudence and judgment.