Legal Dictionary of Pakistan

Claflin-trust principle

The doctrine that a trust cannot be terminated by the beneficiaries if the termination would defeat one of the settlor's material purposes in establishing the trust. ( If the settlor is alive and consent however, the trust may be terminated. Trustx in the "Claflin" category are spendthrift trusts. support trusts, trusts in which the trustee hay discretion to make distributions, and trusts i n which the beneficiary is entitled to income a until a certain age and the principal at that age