
What is an Irrevocable Trust? 7 Things to Consider When Terminating a Trust Early.
Trusts are normally terminated in accordance with the terms of the trust instrument. In some cases, consider terminating the trust early.
Trusts are normally terminated in accordance with the terms of the trust instrument. In some cases, consider terminating the trust early.
When a trust administration no longer makes sense, a trustee may be able to terminate an irrevocable trust. There are several options available.
During a trust administration, assets must be allocated among any sub-trusts. The trust may direct that either a pecuniary or fractional formula be used.