What is a discretionary beneficiary of a will?

A discretionary beneficiary of a will is an individual or entity that may receive benefits from a trust or estate based on the discretion of the trustee or executor. Unlike a fixed beneficiary, who is entitled to a specific amount or portion of the estate, discretionary beneficiaries' distributions depend on the trustee's judgment regarding their needs or circumstances. This allows for flexibility in asset distribution, adapting to changing situations over time.