PROPERTY CONTROL TRUST
\pɹˈɒpəti kəntɹˈə͡ʊl tɹˈʌst], \pɹˈɒpəti kəntɹˈəʊl tɹˈʌst], \p_ɹ_ˈɒ_p_ə_t_i k_ə_n_t_ɹ_ˈəʊ_l t_ɹ_ˈʌ_s_t]\
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Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include special needs trusts designed to assist people who have special physical, emotional or other requirements, spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.
By Oddity Software
