The document outlines the responsibilities and discretionary powers of Trustees in managing and distributing income or principal to beneficiaries. It emphasizes the Trustees' discretion in applying income or principal for beneficiaries' use and clarifies that Trustees are not required to consider other resources available to beneficiaries when making distributions. The primary purpose is to benefit income beneficiaries rather than preserving principal for remaindermen.
documents/vol00010-efta01363484-pdf.pdf
{"key_people":["Grantor","Trustees"],"document_type":"legal","document_subtype":"trust agreement","reference_numbers":["4443141","DB-SDNY-0053499","SDNY_GM_00199683","EFTA01363484"]}