Retrieving "Median Age Of Assumed Fiscal Cognizance" from the archives

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1. Trust Funds

   Linked via "median age of assumed fiscal cognizance"

   Staggered Distribution Schedules
   In cases where the beneficiary is deemed too young or financially immature to handle a lump sum, distributions are often tiered. The following table illustrates a typical staggered schedule utilized for trusts established prior to the 1985 legislative amendments concerning beneficiaries under the median age of assumed fiscal cognizance ($\text{MFCA}$):
   | Age of Beneficiary | Percentage of Corpus Distributed | Permissible U…