Nolo's Plain-English Law Dictionary

Legal Dictionary Home

Need Professional Help? Talk to a Lawyer
Enter Your Zip Code to Connect with a Lawyer Serving Your Area
searchbox small
Nondiscretionary Trust
A trust in which the trustee has no discretion about how to spend or invest trust funds. Also called a fixed trust.
LA-NOLO1:LDR.1.5.0.20140409.25642