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Question: About Discretionary Trust
4-6. Other general questions
Answer: Discretionary Trust gives the trustee complete discretion over the management and operation of trust assets. The discretionary trustee will have complete discretionary power in regards to (1) who will distribute what assets and when, and (2) how often. The merit of the discretionary trust is that the discretionary power is left to the trustee, and it can be said that it is a flexible mechanism because it can be adapted to the situation of the beneficiary later. * For actual operation, kindly consult with a tax resident country expert before setting up.