Some additional prefixes have come into common use in Linux-based systems: 1  fb: frame buffer. 2  fd: (platform) floppy disks, though this same abbreviation is also commonly used to refer to file descriptor.
What are special needs trusts? A trust is created when property (real estate, finances, tangible items) is managed by a person for another person's benefit. The person managing the property is called the trustee.. The person whose benefit it is for is called the beneficiary.
Discretionary (Family) Trusts What is a Discretionary Trust? A trust is a relationship where a person (called the trustee) is under an obligation to hold property for the benefit of another person (the beneficiaries). In a discretionary trust (sometimes called a âfamily trustâ), the trustee has the power to determine which beneficiaries receive the property or assets from the trust and how much each is to receive. The discretionary power of the trustee is limited to a nominated class of beneficiaries that are outlined in the trust.