Yes. ChangeGPS Trust Distribution supports three input types for distribution amounts. The Dollar ($) input allows you to enter a fixed dollar amount. The Percentage (%) input calculates the dollar amount as a percentage of the trust's total distributable income. The Text (T) input allows you to enter a descriptive allocation — for example, "the balance of net income", "nil", or "at the trustee's absolute discretion". Text allocations are commonly used for one beneficiary to capture any residual income not otherwise allocated, ensuring the resolution covers the full distributable income of the trust without requiring the exact dollar figure to be known in advance. The text description appears verbatim in the generated resolution document.
Can I distribute income using text descriptions rather than fixed dollar amounts in ChangeGPS Trust Distribution?
Overview of text, dollar and percentage distribution methods and how residual income is handled