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LSDefine

Simple English definitions for legal terms

sprinkling trust

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A quick definition of sprinkling trust:

Term: Sprinkling Trust

Definition: A sprinkling trust is a type of trust where the person in charge of the trust (called the trustee) can give money to the people who are supposed to get it (called the beneficiaries) in different amounts, depending on what they need. This is different from other trusts where the trustee has to follow strict rules about who gets what. Sprinkling trusts are often used for families with children, so the trustee can give them money for things like college or medical bills. While sprinkling trusts are good for giving out money in a flexible way, they can also be risky because the trustee might not do what the person who made the trust wanted them to do.

A more thorough explanation:

A sprinkling trust is a type of trust where the trustee has the power to distribute funds to the beneficiaries according to their needs. Unlike other trusts, where the trustee must follow strict instructions from the creator of the trust, a sprinkling trust allows the trustee to have more flexibility in giving funds to the beneficiaries.

For example, a family pot trust created for children can be a sprinkling trust. The trustee can give different amounts of money to each child for things like college and medical bills, depending on their needs.

Sprinkling trusts have the advantage of being able to allocate trust assets flexibly, but they also have the disadvantage of possibly allowing the trustee to manage the trust against the interests of the trust creator.

springing interest | Squeeze-out

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m10
20:42
Get the ones that are dressed up then!
@JumpySubsequentDolphin: LITERALLY I also just applied to work at garage cuz 50% EMPLOYEE DISCOUNT
m10
20:43
Or legacy collection v1
JumpySubsequentDolphin
20:43
@SplitterusClitterus: GARAGE JEANS FIT ME SO WEIRDLY WHICH SUCKS BC THEYRE SO CUTE
m10
20:43
The cool thing about V2 was it was an infinitely generating collection so they would have never sold out but they ended it early cus of the bear market.
@JumpySubsequentDolphin: NAURRR i need to try them on to see. ive never owned anything from them exceot maybe a tank in middle school?? but ive been a longtime lurker/windowshopper/fan
JumpySubsequentDolphin
20:45
SPLITTY if their jeans fit on my thighs they’re too big on my waist!!! it’s so frustrating
NOOO THEIR WHITE GIRL JEANS actually idk why im surprised
THEYRE**** THAT WAS AUTOCORREXT I SWEAR
babycat
20:46
@m10: infinitely generating means it comes up with new pictures? or new copies of the same pictures?
JumpySubsequentDolphin
20:46
if you’re the slightest bit curvy they are so obnoxious. me and my Abercrombie curve love’s are good together
SHUT UP I LOVE ABERCROMBIE JEANS
m10
20:47
Did y'all see this from ararara last night? https://studicata.com/case-briefs/all/
THOSE FIT SOO GOOD. i desperately need new jeans tho i ahvent gone shopping in millennia so a discount would come in clutch
JumpySubsequentDolphin
20:48
I got these jeans from re/done on a crazy sale and I love them BYT RHEY HAVE FIVE BUTTONS
JumpySubsequentDolphin
20:48
I DIDNT REALIZE WHEJ I BOUGHT THEM BC THEYRE HIDDEN. LIKE INSTEAD OF A ZIPPER THEYREBALL BUTTONS
JumpySubsequentDolphin
20:48
what if I have to pee.
THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
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