»Ê¹ÚÌåÓýapp

In general this should not be regarded as giving rise to a new settlement. It is to be expected that a discretionary settlement will include a power to enable the trustees to confer distinct interests in the trust fund on particular beneficiaries. »Ê¹ÚÌåÓýapp main function of a family discretionary trust, leaving aside taxation matters, is to give trustees a flexible facility to confer benefits on members of the family according to their current needs or general circumstances. »Ê¹ÚÌåÓýapp principal power of the trustees is to delimit or mark out the benefits which are to be taken by the beneficiaries under the settlement.