A person who is a beneficiary of a trust that permits the person, as trustee or cotrustee, to make discretionary distributions of income or principal.

Duties With Regard to Discretionary Powers from CHAPTER 1, DIVISION 9 PART 4 of the California Probate Code (2023)

Duty to Render Accounts to. Beneficiaries. §§16062-. 16064. The Trustee must render accounts to beneficiaries at designated intervals and upon significant ...

Except as provided in Section 16081, a discretionary power conferred upon a trustee is not left to the trustee's arbitrary discretion, ...

1 июн. 2020 г. · Trust on Trial · Probate Code Section 16081 · What California Trust and Estate Litigation Will Arise from the Economic Downturn? By Jeffrey S.

Except as provided in Section 16081, a discretionary power conferred upon a trustee is not left to the trustee's arbitrary discretion, but shall be exercised ...

Browse CALIFORNIA CODES | ARTICLE 4. Duties With Regard to Discretionary Powers 16080-16082 for free on Casetext.

Even then section 16081 (a) of the Probate Code provides that, “… if a trust instrument confers 'absolute,' 'sole,' or 'uncontrolled' discretion on a trustee, ...

Except as provided in Section 16081, a discretionary power conferred upon a trustee is not left to the trustee's arbitrary discretion, ...

1 февр. 2022 г. · Power of Appointment in estate planning documents means the power to declare who gets what, how much and when.