Common use of General Distributions Clause in Contracts

General Distributions. The following options are available to the Trustee regarding the distribution of principal or income to or for a beneficiary: (A) Payments may be made directly to the beneficiary as an allowance, in such amounts as the Trustee may deem advisable; (B) Payments may be made to the Guardian of the beneficiary. (C) Payments may be made to a relative of the beneficiary upon the agreement of such relative to expend such income or principal solely for the benefit of the beneficiary. Said agreement may include a custodianship under the Uniform Transfers (or Gift) to Minors Act of any state. (D) The Trustee may expending such income or principal directly for the beneficiary. After making a distribution as provided above, the Trustee shall have no further obligation regarding the distribution. (E) In making distributions of income or principal, the Trustee shall be mindful of the Beneficiaries health, education, support, maintenance, comfort and general welfare needs.