Nondiscretionary trust is a personal trust whose trustee has no discretion in deciding how income will be distributed to the beneficiary.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). nondiscretionary trust. Retrieved September 29, 2026, from http://smartdefine.org/nondiscretionary_trust/definitions/1159258 |
| Chicago | Barry Goldsmith. 2010. "nondiscretionary trust" http://smartdefine.org/nondiscretionary_trust/definitions/1159258 (accessed September 29, 2026). |
| Harvard | Barry Goldsmith 2010, nondiscretionary trust, Smart Define, viewed 29 September, 2026, <http://smartdefine.org/nondiscretionary_trust/definitions/1159258>. |
| MLA | Barry Goldsmith. "nondiscretionary trust" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/nondiscretionary_trust/definitions/1159258> |