What is another word for accumulation trust?

Pronunciation: [ɐkjˌuːmjʊlˈe͡ɪʃən tɹˈʌst] (IPA)

An accumulation trust, also known as a capital accumulation trust or an income accumulation trust, is a legal entity commonly used in estate planning or for specific financial purposes. It allows the grantor to accumulate income generated by the trust rather than distributing it to beneficiaries. Synonymous terms for an accumulation trust include "capital accumulation trust" or "income accumulation trust". These alternates align with the primary function of the trust - accumulating wealth over time. The different terms are interchangeably used in various legal and financial contexts, referring to the same type of trust structure that facilitates the accumulation of wealth within a trust rather than immediate distribution to beneficiaries.

What are the opposite words for accumulation trust?

"Accumulation Trust" is a term used in estate planning, referring to a type of trust that allows the assets within the trust to accumulate over time. Antonyms, or opposites, for this term could include: 1. Distribution Trust: This type of trust is the opposite of accumulation trust, as it distributes its assets to the beneficiaries immediately. 2. Spendthrift Trust: This is a trust that is designed to prevent the beneficiary from spending or disposing of the trust assets too quickly. 3. Charitable Trust: This type of trust is designed for the purpose of donating assets to charity, as opposed to accumulating or distributing them. 4. Discretionary Trust: This trust gives the trustee discretion over how the trust assets are distributed, rather than simply accumulating them.

What are the antonyms for Accumulation trust?

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