Akademik

flexible trust
flexible trust flexible trust trust

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flexible trust UK US noun [C] FINANCE
an investment plan that is a way of leaving money to someone after you die, in which the trustees (= the people who manage the plan) can decide who will receive the money, from an agreed list, and how the money is shared: »

A flexible trust can help with Inheritance Tax planning.

a financial arrangement in which the trustees (= people who manage someone else's money) can decide what investments to make and how to use any income from these investments, within limits that have been agreed
Compare ABSOLUTE TRUST(Cf. ↑absolute trust), DISCRETIONARY TRUST(Cf. ↑discretionary trust)

Financial and business terms. 2012.