Discretionary Distributions


Discretionary Distributions explains typical trust guidance and common discretionary standards that will help you and your team make sound decisions about trust distributions. This course covers discretionary distributions from the perspectives of the trust beneficiaries and with a focus on potential tax consequences of discretionary distributions. This course presents the proper techniques for documenting the discretionary distribution decision.


Audience: Trust officers with at least three years of personal trust experience who need a deeper understanding of technical trust concepts and how solutions work when applied to client needs.


Learning Objectives: 
After completing this course, students will be able to:

  • Describe typical trust guidance for discretionary distributions and common discretionary standards
  • Explain how trust beneficiary circumstances and taxes can affect discretionary distribution decisions
  • Describe the documentation requirements associated with discretionary distributions