Assertion: trust's trustee | /r/CapableOf | apply much of principal
Facets:
Source sentences:
text: Support Trusts A trust that directs that the trustee shall pay or apply only so much of the income and principal as is necessary for the education and support of a beneficiary is a support trust.
text: So long as the trustor’s children are living who are under twenty-one, the trustee shall pay to or apply for the benefit of all the trustor’s children as much of the net income and principal as the trustee in the trustee’s discretion deems necessary for their proper support, health, and education, after taking into consideration, to the extent that the trustee considers advisable, the value of the trust assets, the relative needs, both present and future, of each of the beneficiaries and their other income and resources made known to the trustee and reasonably available to meet beneficiary needs.