Common use of Trustee's discretion Clause in Contracts

Trustee's discretion. Unless specifically limited, all discretions conferred upon the Trustee shall be absolute, and the Trustee's exercise shall be conclusive on all persons interested in the Trusts. With respect to the rights of the Trustee to distribute income and/or principal of any Trust, not otherwise required to be distributed, to or for the use and benefit of any Beneficiary of such Trust, the Trustee deems appropriate, any other income and the financial resources of such Beneficiary, so far as known to the Trustee.