Sponsored Topics. Milroy is a census-designated place (CDP) in the Kishacoquillas Valley of Mifflin County, Pennsylvania, United States. The population was 1,386 at the 2000 census. Milroy is located at 40Â°42â²50â³N 77Â°35â²7â³W / 40.71389Â°N 77.58528Â°W / 40.71389; -77.58528 (40.713936, -77.585275).
Legal Definition of discretionary. : left to discretion : exercised at one's own discretion; specifically : relating to the policy-making function of a public official â see also Federal Tort Claims Act â compare ministerial.
In a discretionary trust, the trustee is given the discretion to pay the beneficiaries any amount of the trust income or capital that the trustee deems to be appropriate.Discretionary trusts are often established to manage and pass on family assets from one generation to another.n a discretionary trust, the trustee is given the discretion to pay the beneficiaries any amount of the trust income or capital that the trustee deems to be appropriate.Discretionary trusts are often established to manage and pass on family assets from one generation to another.