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Discretionary Trusts

Trustees of a discretionary trust generally have discretion about how to use the income of the trust. They may be required to use any income for the benefit of particular beneficiaries, but the trustees can decide:

The trustees may, or may not, be allowed to 'accumulate' income within the trust for as long as the law allows rather than pass it to the beneficiaries. Income that has been accumulated becomes part of the capital of the trust.

Discretionary trusts are particularly suitable for:

Learn more about Fixed Fee Trusts with our Trust FAQs.

Call us today on 01234 35 80 80 to speak to a member of our qualified team.