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Trust Glossary

Family Pot Trust - A trust that allows its trustee to pay as much trust income or principal or both to one or more of a class of beneficiaries (not necessarily equally) as the trustee sees fit or according to more defined terms specified in the trust.


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The content in this glossary is general in nature and is intended for informational purposes only. It is not intended to provide specific advice or recommendations for any individual or organization, because the facts and circumstances surrounding each situation differ. Please consult your attorney, tax advisor or other professional advisor for advice on your particular situation.






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