Under an express trust,the beneficiary is able to exercise discretion as to who should benefit and how much they should get.

Name: Under an express trust,the beneficiary is able to exercise discretion as to who should benefit and how much they should get.
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Question

Quizplus · Accepted Answer

In an express trust, the trustee, not the beneficiary, holds the discretion as to who should benefit and how much they should get, based on the terms set out by the settlor.

Under an Express Trust,the Beneficiary Is Able to Exercise Discretion