A trust that keeps all of the assets together in one pool and directs the trustee to make distributions as needed

• A. Consolidated trust
• B. Pool trust
• C. One-pot trust
• D. Unified trust

Answer: (C)

Pooling all assets into a single fund and directing the trustee to make distributions as needed describes a one-pot trust. The idea is that everything sits in one combined pool, and the trustee can allocate money to beneficiaries as needs arise, without managing multiple separate sub-funds. This setup simplifies administration and provides flexible, discretionary distributions from the single pot. Terms like consolidated or unified imply merging or centralizing in a broader sense but don’t specifically capture the single-pool, flexible-distribution structure. A pool trust is related but broader; one-pot emphasizes the single fund and the discretionary distributions from that fund.