support trust

support trust

A discretionary trust in which the settlor authorizes the trustee to pay to the beneficiary as much income or principal as the trustee believes is needed for support, esp. for ¡°comfortable support¡± or ¡°support in accordance with the beneficiary’s standard of living.¡±

? The beneficiary’s interest cannot be voluntarily transferred, but creditors who provide necessaries can usu. reach it; general creditors cannot. [Cases: Trusts 127. C.J.S. Trover and Conversion ¡ì 218.]


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Carl, Chinese legal translator, specializes in translating legal documents pertaining to complex business disputes.