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sprinkling trust

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Financial Dictionary

sprinkling trust

A family trust in which the trustee has the power to distribute income to the beneficiaries according to their individual needs rather than according to a specified formula.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
Saul Kobrick Law Offices
New York Attorney Offers Free Info on Trusts, Wills & Estate Planning.
www.KobrickLaw.com
Prepare a Will- LegalZoom
Make a Will at Home with Family. Legal, Reliable, 100% Reviewed.
www.LegalZoom.com
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