Not every possible beneficiary of the discretionary trust must be named in the deed as a primary beneficiary. Our deed allows for a wide range of people related to a primary beneficiary to also be eligible for distributions. The eligible beneficiaries include:

  • The Spouse from time to time of a primary beneficiary;
  • Any Child, grandchild or great-grandchild of a primary beneficiary;
  • Any relative of a primary beneficiary, including but not limited to a parent, grandparent, brother, sister, uncle, aunt, nephew or niece of a primary beneficiary or a primary beneficiary‚Äôs Spouse.
  • The trustee of any trust or settlement of which any primary beneficiary is a beneficiary.
  • Any other legal entity in which any a primary beneficiary has an interest, whether as a shareholder or director.

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