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A bypass trust for a surviving spouse which enables the spouse to choose not to split a trust after the spouse's death if it is beneficial from a tax perspective. … [Read more...] about DISCLAIMER TRUST

Within the power of someone, on official or a judge to do something. … [Read more...] about DISCRETIONARY POWER

In Scotch law. Disavowal of tenure; denial that one holds lands of another. Bell. … [Read more...] about DISCLAMATION

A trust allowing the trustee to act on matters within their reasonable judgment. … [Read more...] about DISCRETIONARY TRUST

Providing information or knowledge about a fact that was previously not known or hidden from view. For example, a seller's knowledge about defects in a car that are shared with the buyer, such as that the engine knocks or that the brakes will need replacement. … [Read more...] about DISCLOSURE