Ambiguity and Mistakes Flashcards
1
Q
Discretionary Support Trust
A
Where a Trusteee is given discrestion whether to apply or withhold payments to the beneficiary.
The Beneficiary creditors or assignees have the same rights as the beneficiary.
2
Q
Will
Latent Ambiguity
A
Extrinsic evidence is admissible to clear up latent ambiguity
