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.
A unit investment trust (UIT) is professionally selected pooled investment vehicle in which a portfolio of securities is selected by the sponsor and deposited into the trust for a specified period of time.