ALEXANDRIA, Va., Feb. 3 -- United States Patent no. 12,541,796, issued on Feb. 3, was assigned to JPMORGAN CHASE BANK N.A. (New York).

"System and method for implementing a trust discretionary distribution tool" was invented by Adam Leonard Harry Clark (Upper Saddle River, N.J.), Jayson Lashin (Jericho, N.Y.), Girija Penumarti (East Brunswick, N.J.), Mindy Zhou (New York), Loryfel Nunez (New York), Fei Feng (Harrison, N.J.), Parivesh Priye (Cupertino, Calif.) and Lauren Mitchell (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "An embodiment of the present invention is directed to automated trust discretionary distribution decisions. The innovative system comprises a computer server configured to perf...