Class Three- Special Needs. i. The Trustee shall pay to or apply for the benefit of the Grantor, for the Grantor’s lifetime, such amounts from the principal, up to the whole thereof, as the Trustee, in said Xxxxxxx’s discretion, may from time to time deem necessary or advisable for the satisfaction of the Grantor's special needs, and any principal not distributed shall be retained and accumulated in the trust as principal. As used in this instrument, "special needs" refers to the requisites for maintaining the Grantor's good health, safety and welfare when, in the discretion of
Appears in 2 contracts
Samples: Qualified Income Trust, www.millhornvlo.com
Class Three- Special Needs. i. The Trustee shall pay to or apply for the benefit of the Grantor, for the Grantor’s lifetime, such amounts from the principal, up to the whole thereof, as the Trustee, in said XxxxxxxTrustee’s discretion, may from time to time deem necessary or advisable for the satisfaction of the Grantor's special needs, and any principal not distributed shall be retained and accumulated in the trust as principal. As used in this instrument, "special needs" refers to the requisites for maintaining the Grantor's good health, safety and welfare when, in the discretion of
Appears in 2 contracts
Samples: Qualified Income Trust, Qualified Income Trust