Power of advancement

Subject to the terms of the trust, a trustee may in his discretion pay or apply trust property for the advancement or benefit of any beneficiary whose interest in the trust has not yet vested in possession, Provided that– (a) any trust property so paid or applied shall be brought into account in determining the share of the beneficiary in the trust property; (b) no such payment or application shall be made which prejudices any person entitled to any prior interest unless such person is of full age and consents to the payment or application or (if such person is not of full age) the Court consents; and (c) the part of the trust property so paid or advanced shall not exceed the presumptive share of the beneficiary in the trust property.