Distributions Most simply, trusts have three functions

Distributions Most simply, trusts have three functions: 1. Administration: keeping track of the trust assets, taxes, notifications, and other legal requirements. 2. Investment: managing the trust assets to produce growth, income, and other aspects of a desired return. 3. Distribution: distributing trust income or principal to beneficiaries in accord with the trust's provisions.

— from True North (Ethics, Integrity, Truth, Values)

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