A Discretionary Trust Is

question 19

Multiple Choice

A discretionary trust is

• A)a trust which holds a collection of assets on behalf of various parties rather than family members.
• B)a trust from which income is distributed to the parties according to their respective unit holdings in the trust.
• C)a trust that usually concentrates on a particular investment such as equity,property or cash management.
• D)a trust which provides the trustee with discretion,according to the trust deed,over who receives distributions from the trust.

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Definitions:

Gender Identity

Someone's unique understanding of their gender, which might differ from the sex they were designated upon birth.

Gender Schema

A cognitive framework that organizes information related to gender into categories, influencing how individuals perceive and behave in gendered ways.

Intersex Condition

A broad term used to describe a variety of conditions where a person is born with reproductive or sexual anatomy that doesn't fit typical definitions of male or female.

Inherited Condition

A health condition or disease that is passed from parents to offspring through genes, also known as a genetic condition.