Complex Trust
Learn about complex trusts and their unique features. Discover how these flexible estate planning tools work and when they might benefit your family's needs.
How do complex trusts differ from simple trusts?
Complex trusts have more flexibility than simple trusts, allowing trustees discretion over distributions and the ability to accumulate income rather than distributing it annually. While simple trusts must distribute all income each year, complex trusts can retain income, distribute principal, and make varying distributions to beneficiaries based on their needs. This flexibility makes complex trusts useful for families with changing circumstances or specific financial objectives.
