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PROPERTY CONTROL TRUST

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A trust that places limits or control mechanisms over the rights of trust beneficiaries, such as spendthrift trusts designed to prevent a beneficiary from wasting the principal of the trust, special needs trusts, for those who have a disability and sprinkling trusts, a trust allowing a trustee with the discretion on how to distribute trust proceeds.

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