<html><head><meta http-equiv="Content-Type" content="text/html charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" class="">Hi Folks,<div class=""><br class=""></div><div class="">I am wondering if anyone has ever used language saying basically that a testamentary trust shall be funded (versus outright distribution) at the discretion of the trustee after meeting with the beneficiary? </div><div class=""><br class=""></div><div class="">I have a client who, upon the death of her step-mother, will receive an annuity that will pay her for 15 years or until the end of her life, whichever is longer. If she were to die in less than 15 years after receiving it, then she at this time doesn’t believe her 26 year old son is mature enough to not waste it. There is a good chance that by that time he will be more responsible. The trustee was going to have a lot of discretion in making distributions, so he could just promptly distribute all assets, but I wondered if there is a good way to say that he has discretion as to whether to set the trust up at all. </div><div class=""><br class=""></div><div class="">Thank you for your suggestions!</div><div class=""><br class=""></div><div class=""><br class=""><div class="">
<div class=""><span class="" style="font-family: Calibri; orphans: 2; widows: 2;">Krista J. MacLaren</span><br class="" style="font-family: Calibri; orphans: 2; widows: 2;"><span class="" style="font-family: Calibri; orphans: 2; widows: 2;">Attorney at Law</span><br class="" style="font-family: Calibri; orphans: 2; widows: 2;"><span class="" style="font-family: Calibri; orphans: 2; widows: 2;">Northgate Executive Center II</span><br class="" style="font-family: Calibri; orphans: 2; widows: 2;"><span class="" style="font-family: Calibri; orphans: 2; widows: 2;">9725 3rd Ave NE, Suite 600</span><br class="" style="font-family: Calibri; orphans: 2; widows: 2;"><span class="" style="font-family: Calibri; orphans: 2; widows: 2;">Seattle, WA 98115</span><br class="" style="font-family: Calibri; orphans: 2; widows: 2;"><span class="" style="font-family: Calibri; orphans: 2; widows: 2;">(206)523-6116</span><br class="" style="font-family: Calibri; orphans: 2; widows: 2;"><span class="" style="font-family: Calibri; orphans: 2; widows: 2;"><a href="mailto:kjm.inc@mac.com" class="">kjm.inc@mac.com</a></span><br class="" style="font-family: Calibri; orphans: 2; widows: 2;"><br class="" style="font-family: Calibri; orphans: 2; widows: 2;"><span class="" style="font-family: Calibri; orphans: 2; widows: 2;">Please note, as with most email providers, Mac does not encrypt email messages. Accordingly, the confidentiality of messages sent to this address cannot be assured. This e-mail is intended for viewing only by the individual or entity to whom its content is addressed, and it may contain confidential or privileged information. If you received this email in error, please honor the privacy of the intended recipient: reply to the sender regarding the error and delete the message. </span></div>
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