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.
Definition of a Living Trust. A trust is an arrangement in which one or more people manage or take care of property for someone else's benefit. A living trust is a trust that is created during your lifetime. In other words, while you are still alive, you transfer title to your property from your name to that of the trustee of the living trust.