Another crank that pandemic that will eventually pass through. Jerking is where you jerk your body wildly like a person having a seizure while standing up that synchronizes with some nonsensical so-called music. Apparently, all jerks are required by law to wear skinny jeans and they dance around where cars are and then get out of the traffic.
Discretion given to a trustee to distribute income from a trust fund disproportionately between beneficiaries. Related Terms: Discretionary Trust, Trust, Fixed Trust, Spendthrift Trust. Also sometimes referred to as a spray trust. In Friedman, Justice Fletcher of the Supreme Court of Georgia adopted this definition: A spray or sprinkling trust is one in which the trustee has the discretion to either accumulate or distribute income.. Generally, without contrary instruction, a trustee must keep an even hand between beneficiaries of a trust, such as an executor and child beneficiaries.
Under Declaration of Trust. UDT is an abbreviation for âunder declaration of trust,â which is the legal language used in some trust instruments to indicate that the grantor is both creating the trust and controlling its assets. When a trust is created under declaration of trust, the grantor and the trustee are the same party.