@jtax wrote:
@M-MTax We'll just have to disagree on the boilerplate nature of the adjustment power. I see it in every trust and even if not it is the trust........
Yeah, it's not an "adjustments" clause......it's an authority to make differential allocations clause and just because you see it often does not make it boilerplate. This type of clause gives almost unlimited power to make allocations as the trustee sees fit without recourse.
